Cipher Mining Provides Second Quarter 2024 Business Update

Current hashrate of ~8.7 EH/s on target for ~13.5 EH/s by end of 2024 and ~35.0 EH/s by end of 2025 Acquiring additional 1.7 GW of power capacity suitable for HPC infrastructure or bitcoin mining Second Quarter 2024 GAAP Net Loss of $15m, and Non-GAAP Adjusted Loss of$3m NEW YORK, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ: CIFR) ("Cipher" or the "Company") today announced results for its second quarter ended June 30, 2024, with an update on its operations and business strategy. "We curre ...