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Bitcoin mining company CipherMining spent $67.5 million to buy a property in Texas, increasing its capacity to 2.5GW

Bitcoin mining company CipherMining spent $67.5 million to buy a property in Texas, increasing its capacity to 2.5GW

Bitget2024/09/01 04:16
BTC+0.81%

On September 1, Bitcoin mining company Cipher Mining (stock code: CIFR) announced an investment of US$67.5 million to acquire a 250-acre property in western Texas, including a 300 MW data center, to expand its portfolio capacity to 2.5GW.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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