“The New York-Based Miner Expects to Hit 23 eh/s by Q3 After Starting Operations at Its Black Pearl Site.”, – WRITE: www.coindesk.com
Production at Its 300-MEGAWATT (MW) Black Pearl Facility in Texas, The Company Announced on Monday. The Launch Marks A Key Milesne for the Firm, WHICH NOW OPERATES FIVE Active Bitcoin Mining Data Centers.
Phase I of the Site, Currently Running at 150 MW, Has Reached An Initial Hashrate of 2.5 Exahashes per Second (Eh/S). That Number is expert to rise to 9.6 eh/s by the end of the Third Quarter, as New Mining Rigs Arrive and Replace Older Units. ONCE Fully Operational, Cipher’s Total Fleet Will Push A Self-Mining Capacity of 23.1 EH/S.
The Company Delivered the Site in 16 MONHS and Credites ITS OPERIATIONAL Discipline for Maintening Low Production Costs Amid Industry Volatility.
“We’re Proud to be Mining Bitcoin Ahead of Scherdule,” CEO TYLER Page SAID IN A STATEMENT.
Cipher’s Broader Infrastructure Strategy Includes A 2.6 Gigawatt (GW) Pipeline that May Serve Both High-Person Computing (HPC) Clients and Bitcoin Mining.
As competition tights in post-halving markets, scaling cheaply and quicly have become Critical for Public Mines of Like Cipher Trying to Retain Their Edge.
CIFR Declined 6.9% On Monday During Regular Trading. Shares Are Higher by 1.9% After Hours.
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