Cipher JVs Buy 2.5 EH/s Bitcoin Miners for 60MW Texas Expansion

The two joint ventures (JVs) formed by Texas bitcoin mining firm Cipher and its power partner WindHQ are expanding their mining fleets by purchasing the newest generation of equipment from Canaan. Cipher Mining said on Wednesday that its Bear and Chief JVs have preordered 2.5 EH/s of Canaan’s Avalon A1466 bitcoin miners for “favorable terms.” […]

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