Cipher Mining Launches 300MW Bitcoin Facility in Texas to Boost Hashrate

  • Cipher Mining (NASDAQ: CIFR) has officially commenced Bitcoin production at its 300-megawatt (MW) Black Pearl facility in Texas, marking a major milestone in its expansion strategy. The first phase of the site, operating at 150 MW, has achieved an initial hashrate of 2.5 exahashes per second (EH/s).