Cipher Mining (CIFR) announced the acquisition of a 200-megawatt site in Ohio, called “Ulysses.” The transaction includes 195 acres of land and secured capacity from AEP Ohio (AEP). All utility agreements required to support the development of the site are in place, and the site is on track to energize in the fourth quarter of 2027. The company said, “When energized, the site will give Cipher direct access to PJM, the nation’s largest wholesale electricity market. The site is well-suited for HPC given its acreage, energization timeline, availability of diverse fiber paths, and proximity to a major metropolitan area.” With the addition of this site, Cipher’s development pipeline now totals 3.4 GW across 8 sites.
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