Still Bullish On Cipher Mining: High-Beta Play On Bitcoin With A Diversified Model
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Cipher Mining (CIFR) is expanding its Bitcoin mining operations with a target of 2.6 GW capacity by 2027, integrating HPC hosting to reduce power costs. The company aims to develop a dual revenue model combining Bitcoin mining and HPC data centers.
February 26, 2025 | 4:30 pm
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Cipher Mining is expanding its Bitcoin mining capacity to 2.6 GW by 2027, integrating HPC hosting to optimize power costs. This expansion supports a dual revenue model with Bitcoin mining and HPC data centers.
The expansion to 2.6 GW capacity and integration of HPC hosting indicates a strategic move to optimize costs and diversify revenue streams. This positions CIFR as a high-beta play on Bitcoin with potential growth in AI computing.
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