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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

CointimeCointime2024/09/02 06:21
By:Cointime

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

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