Cipher Mining To Acquire 1.5 GWOff Data Center Sites In West And North Texas; Amount Not Disclosed
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Cipher Mining is set to acquire 1.5 GWOff data center sites in Texas, with three sites each having a capacity of 500MW. The sites are suitable for HPC and bitcoin mining.
October 15, 2024 | 1:01 pm
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Cipher Mining is acquiring data center sites in Texas with a total capacity of 1.5 GWOff, suitable for HPC and bitcoin mining, which could enhance its operational capabilities.
The acquisition of data center sites with significant capacity is likely to enhance Cipher Mining's operational capabilities, particularly in bitcoin mining, which could positively impact its stock price.
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