Cipher Mining signs 10-year AI hosting agreement, with total revenue potentially reaching $2 billion
Jinse Finance reported that Nasdaq-listed bitcoin mining company Cipher Mining has announced the signing of a 10-year AI high-performance computing (HPC) hosting agreement with Fluidstack. This agreement is expected to bring Cipher Mining approximately $830 million in revenue over the initial 10-year term and includes two five-year renewal options. If the renewal options are exercised, the total transaction revenue could reach around $2 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
USD/JPY: Intervention risk near 160 – Societe Generale

Prices Under Pressure, Costs Rising! BHP (BHP.US) Plans to Restructure Its Australian Iron Ore Business, Layoffs May Further Expand
As part of a larger cost-cutting initiative, BHP plans to restructure its Australian iron ore operations.

US Dollar: Fed repricing supports stronger levels – MUFG

