Cipher Mining, headquartered in New York City, operates four Bitcoin mining data centers in Texas and is developing an additional facility, focusing on large-scale Bitcoin mining operations. The company went public on October 20, 2020, and employs 35 people.
CIFR has been in the news recently: CIPHER MINING Inc. (NASDAQ:CIFR) is experiencing notable market activity, reflecting investor interest amid a rising trend in U.S. stocks. While companies like NVIDIA show strong growth in AI and high-performance computing, the industry is facing challenges related to power availability.
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