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Cryptopolitan 2023-12-19 08:02:57

Crypto mining giant Cipher invests $99.5 million in Bitmain equipment

Cipher Mining, a publicly traded Bitcoin mining firm, has announced a major expansion in its mining operations with a substantial purchase of cryptocurrency mining equipment. The company is set to acquire 37,396 units of Antminer T21 miners from Bitmain, a renowned Chinese crypto-mining giant. This acquisition, valued at $99.5 million, is expected to significantly bolster

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