Cipher Mining, $CIFR

Cipher Mining

#Bitcoin Halving Approaching: Miners in Investment Frenzy! US-based Cipher Mining has decided to increase its capacity months before the halving event, which will slash the rewards on the Bitcoin network. Bitcoin ETF

New Facility, New Investments: Cipher announced a significant investment by adding 16,700 new-generation Avalon A1466 rigs to its Bear and Chief Mountain facility in Texas. Big Goals, Big Capacity: With this new investment, the company aims to increase its mining capacity to 8.4 exahash (EH/s). They're marching forward with confidence on their growth journey! Delivery Time: It was mentioned that the new mining equipment is expected to be delivered in the second quarter of the year. The anvticipation is high! Strategic Partnership: Cipher shook hands with supplier Canaan in this significant purchase. They've joined forces! CEO's Statement: Cipher Mining's CEO, Tyler Page, stated that their new investments were made with the upcoming reward halving in mind. They're firmly focused on their goals! Market Position: Last month, Cipher Mining reportedly produced 465 BTC and is listed on Nasdaq under the ticker CIFR, making it the fifth-largest Bitcoin miner in market value.

This all information has been taken from Coin Haber twitter handle account.. ..