Cipher Mining Inc. (NASDAQ: CIFR) announced that it has completed a transaction to acquire a new power plant in West Texas called Stingray for a $4.10 million cash payment and a variable fee of $1.50/MWh for the first five years after the plant is powered on. The 250-acre site has been approved and a facility expansion agreement of up to 100 trillion watts has been signed. Tyler Page, CEO of Cipher, said: "With the addition of this site, we now have a data platform that is scheduled to go live i...
Cipher Mining (Stock Code: CIFR) announced a $67.50 million investment in a 250-acre property in West Texas, including a 300 MW data center, to expand its portfolio capacity to 2.5GW.
Cipher Mining (ticker: CIFR) has announced a $67.50 million investment in 101 hectares of land in West Texas, including a 300MW data center, to expand its portfolio to 2.5 GW.