Cipher Mining Announces July 2024 Operational Update, 178 BTC Mined During The Month
Portfolio Pulse from Benzinga Newsdesk
Cipher Mining Inc. (NASDAQ:CIFR) released its unaudited production and operations update for July 2024, reporting 178 BTC mined, 108 BTC sold, and 2,270 BTC held. The company deployed 75,000 mining rigs and achieved a month-end operating hash rate of 8.7 EH/s.
August 02, 2024 | 1:04 pm
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Cipher Mining Inc. reported its July 2024 operational update, highlighting 178 BTC mined, 108 BTC sold, and 2,270 BTC held. The company also deployed 75,000 mining rigs and achieved a hash rate of 8.7 EH/s.
The operational update shows strong production metrics, which is likely to positively impact investor sentiment and the stock price in the short term.
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