Cipher Mining Inc. (NASDAQ:CIFR) Q4 2023 Earnings Conference Call March 5, 2024 8:00 AM ET Company Participants Josh Kane - Head of Investor Relations Tyler Page - Chief Executive Officer Ed Farrell - Chief Financial Officer Conference Call Participants John Todaro - Needham & Company Reginald Smith - JPMorgan Joseph Vafi - Canaccord Genuity Gregory Lewis - BTIG Josh Siegler - Cantor Fitzgerald Bill Papanastasiou - Stifel Joe Flynn - Compass Point Research Mike Colonnese - H.C. Wainwright Operator Good morn ...

Fourth Quarter GAAP Earnings of $10.6m and Non-GAAP Earnings of $27.8m Full Year 2023 Revenues of $126.8m Increased Hash Rate to 7.4 EH/s in First Quarter 2024 and on track to reach 9.3 EH/s by end of Third Quarter 2024, with potential to grow to 25 EH/s by the end of 2025 NEW YORK, March 05, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) ("Cipher" or the "Company") today announced results for its fourth quarter and full year ended December 31, 2023, with an update on its operations and deployme ...

Cipher Mining Provides Fourth Quarter and Full Year 2023 Business Update Fourth Quarter GAAP Earnings of $10.6m and Non-GAAP Earnings of $27.8m Full Year 2023 Revenues of $126.8m "We are delighted to announce our fourth quarter 2023 results, which reflect our first full quarter in which all four of our data centers were operating at full capacity. We delivered a quarter with strong positive net income on both a GAAP and Non-GAAP basis. And while recent FASB accounting changes have been a tailwind for all th ...

If a fork occurs on a digital asset network which we hold or are mining, such as bitcoin, it may have a negative effect on the value of the digital asset and could have a material adverse effect on our business, prospects, financial condition, and operating results. The development and acceptance of cryptographic and algorithmic protocols governing the issuance of and transactions in cryptocurrencies is subject to a variety of factors that are dif icult to evaluate. 43 • changes in consumer demographics and ...

NEW YORK, March 01, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) ("Cipher" or the "Company") today released its unaudited production and operations update for February 2024. Key Highlights Key MetricsFebruary 2024*BTC Mined334Power Sales Equivalent BTC12BTC Sold33BTC Held1,433Deployed Mining Rigs70,000Month End Operating Hash Rate (EH/s)7.4 *Approximate values Bitcoin Production and Operations Updates for February 2024Cipher produced ~334 BTC in February amidst average monthly network hash rate ...

Despite significant steps in the acceptance of cryptocurrency and blockchain technology in the world of mainstream finance, investors are still somewhat reluctant to invest in stocks in this domain. However, this blockchain stock is quietly outperforming the market and, therefore, many first-choice investing assets.The blockchain stock currently beating the market is Cipher Mining (NASDAQ: CIFR), a technology company devoted to industrial-scale Bitcoin (BTC) mining data centers located throughout the United ...

We’ve all dreamed of turning a small investment into a big payday. While these wins require patience and nerves of steel, buying the right stocks under $20 per share can set you up for life-changing wealth over the coming years.While the headlines continue to focus on big tech stocks, there are diamonds in the rough that most folks overlook. With the market at record highs, I’ve shifted my attention to higher-risk, higher-reward stocks. That is, small cap companies with solid fundamentals that have been neg ...

Approved distribution readies Cipher for its next chapter of growth with a more diversified shareholder base AMSTERDAM , Feb. 26, 2024 /PRNewswire/ -- Bitfury Group ("Bitfury" or the "Company"), a leading full-service blockchain technology company, today announced the shareholder approval of the non-dilutive distribution of approximately 126 million common shares currently held by Bitfury in Cipher Mining Inc. (NASDAQ:CIFR) ("Cipher") in accordance with plans that were previously outlined. Of these 126 mil ...

The stock market is off to a running start in 2024. For instance, the Nasdaq Composite (NASDAQINDEX: ^IXIC) index has gained 5.9% year to date, led by promising biotechs and giants in the artificial intelligence (AI) market.But some Nasdaq stocks missed the memo about this Wall Street party. Here are the five deepest price dips on the Nasdaq in 2024, drawing a line in the market-cap sand at $500 million:StockKey Product/ServiceMarket CapYear-to-date Price Change As Of 2/5/2024Sigma Lithium (SGML -10.34%)Li ...

NEW YORK, Feb. 01, 2024 (GLOBE NEWSWIRE) --  Cipher Mining Inc. (NASDAQ:CIFR) ("Cipher" or the "Company") today released its unaudited production and operations update for January 2024. Key Highlights Key MetricsJanuary 2024*BTC Mined371Power Sales Equivalent BTC18BTC Sold34BTC Held1,132Deployed Mining Rigs70,000Month End Operating Hash Rate (EH/s)7.2 *Approximate values Management Commentary for January"January featured more challenging market conditions for bitcoin miners compared to previous months, with ...