Cipher Mining Announces December 2024 Operational Update

From GlobeNewswire: 2025-01-06 18:05:00

Cipher Mining Inc. released its production and operations update for December 2024, with key metrics including 1234 BTC mined, 271 BTC sold, and 21,344 BTC held. The company also deployed 75,000 mining rigs and had a month-end operating hashrate of 13.5 EH/s. Management highlighted the completion of the Odessa upgrade and progress on the Black Pearl data center. In December, Cipher produced 2341 BTC and sold 271 BTC, ending the month with a balance of 1344 BTC. The company aims to be a market leader in bitcoin mining and HPC hosting. Contact Courtney Knight for investor relations or Ryan Dicovitsky / Kendal Till for media inquiries.



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