Cost EfficiencyCipher Mining enjoys some of the lowest power costs in the BTC mining industry while developing a unique AI strategy.
Revenue GrowthThe contract is expected to generate ~$300M in annual recurring revenues for at least 10 years, which is more than Cipher's BTC mining business is expected to generate.
Strategic PartnershipsCipher signed a 10-year hosting lease with Fluidstack for 244MW gross/168MW IT at its Barber Lake site, backstopped by Google, validating Cipher as an AI-ready developer and strengthening its position to build out a 2-plus GW HPC pipeline.