Cipher Expedites Bitmain Shipment by Upgrading to S21 at $22/TH

Texas-based Cipher Mining has signed a preorder agreement with Canaan to purchase 6,600 units of its Avalon 1566 model for $16.4 million, according to a company filing on Monday. The preorder values the hardware at $13.12/TH/s, based on the A1566 model’s hashrate specification of 185 TH/s per unit. According to the filing, the preorder is […]

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