Today news
About the same in other media
Cipher Mining splashes $350M on next-gen Bitcoin mining rigs from Bitfury
Reading now: 472
According to a Form 8-K filing with the United States Securities and Exchange Commission (SEC) on Monday, Cipher Mining will purchase 28,000 to 56,000 next-generation Bitcoin mining hardware from Bitfury at a cost of $6,250 per rig.
At a maximum cost of $6,250 per machine, Cipher’s Bitcoin mining hardware outlay could go between $175 million and $350 million, depending on whether the company elects to receive all 56,000 rigs as stated in the purchase agreement.
The total inventory order will be delivered in seven batches on a monthly basis beginning in the summer of 2022 until December 2022.
As part of the SEC filing, Cipher Mining will pay an advanced fee of $10 million within three business days of executing the agreement to kickstart the
Read more on cointelegraph.comAbout this in other media
Friday’s jaw-breaking $3.2B Bitcoin options expiry could kick-start a new rally cointelegraph.com /2 years ago
BTC price dips below $62K on VanEck Bitcoin ETF launch day cointelegraph.com /2 years ago
The Sioux Energy Center has mined 20 Bitcoin in secret since April cointelegraph.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
