Cipher Mining Announces September 2024 Operational Update; Mined 155 Bitcoin
Portfolio Pulse from Benzinga Newsdesk
Cipher Mining Inc. released its September 2024 operational update, reporting the mining of 155 Bitcoin and a month-end operating hashrate of 9.31 EH/s. The company sold 123 Bitcoin and held 1,512 Bitcoin by the end of the month.
October 03, 2024 | 1:07 pm
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Cipher Mining reported mining 155 Bitcoin in September 2024, with a hashrate of 9.31 EH/s. They sold 123 Bitcoin and held 1,512 Bitcoin, indicating strong operational performance.
The operational update shows Cipher Mining's strong performance in Bitcoin mining, with a high hashrate and significant Bitcoin holdings. This positive operational data is likely to boost investor confidence and potentially lead to a short-term increase in stock price.
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IMPORTANCE 80
RELEVANCE 100