Crypto
Bull Market on the Horizon: Bitcoin Mining Company Cipher Purchases Nearly $100 Million Worth of Antminer
Cipher Mining has acquired 37,396 Antminer T21 machines, investing $99.5 million to expand its computing power by 7.1 EH/s by the first half of 2025. The company aims to establish the Black Pearl mining facility with 135 MW capacity and plans to secure an additional 45,706 machines in 2024. This move underscores their confidence in a bullish Bitcoin market.
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