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Cipher Mining Announces May 2024 Operational Update; Mined 166 BTC In May

Author: Benzinga Newsdesk | June 04, 2024 09:04am

Cipher Mining Inc. (NASDAQ:CIFR) ("Cipher" or the "Company") today released its unaudited production and operations update for May 2024.

 

Key Highlights

Key MetricsMay 2024
BTC Mined1166
BTC Sold50
BTC Held2,142
Deployed Mining Rigs71,000
Month End Operating Hash Rate (EH/s)8.0

1 Includes May power sales estimates (based on current meter data and nodal prices) equivalent to 8 bitcoin (using month-end bitcoin price of $67,667)

Posted In: CIFR


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