Cipher Mining Enhances Bitcoin ASIC Fleet With 7.1 EH/s Bitmain Deal

On Monday, Cipher Mining revealed its acquisition of 7.1 exahash per second (EH/s) in new mining equipment from Bitmain. The company invested in Bitmain’s T21 series miners, totaling a purchase price of $99.5 million. Cipher Mining’s Strategic $99.5 Million Investment in Next-Gen Bitmain Miners In recent months, following the introduction of several advanced bitcoin mining