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Cipher Mining Announces June 2024 Operational Update; Mined 176 Bitcoin; Sold 103 Bitcoin; 2,209 Bitcoin Held

Author: Benzinga Newsdesk | July 02, 2024 04:13pm

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

Key Highlights

Key MetricsJune 2024
BTC Mined1176
BTC Sold103
BTC Held2,209
Deployed Mining Rigs75,000
Month End Operating Hash Rate (EH/s)8.6

1 Includes June power sales estimates (based on current meter data and nodal prices) equivalent to 6 bitcoin (using month-end bitcoin price of $63,370)

Posted In: CIFR


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