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Cipher Mining splashes $350M on next-gen Bitcoin mining rigs from Bitfury

Cipher Mining splashes $350M on next-gen Bitcoin mining rigs from Bitfury



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  1. tldr; Cipher Mining will purchase up to 56,000 next-generation Bitcoin mining rigs from Bitfury at a cost of $6,250 per machine. The total inventory order will be delivered in seven batches on a monthly basis beginning in the summer of 2022 until December 2022. Cipher Mining will pay an advanced fee of $10 million within three business days of executing the agreement.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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