Cipher Mining Announces June 2024 Operational Update; Mined 176 Bitcoin; Sold 103 Bitcoin; 2,209 Bitcoin Held
Cipher Mining Inc. (NASDAQ:CIFR) ("Cipher" or the "Company") today released its unaudited production and operations update for June 2024.
Key Highlights
| Key Metrics | June 2024 |
| BTC Mined1 | 176 |
| BTC Sold | 103 |
| BTC Held | 2,209 |
| Deployed Mining Rigs | 75,000 |
| Month End Operating Hash Rate (EH/s) | 8.6 |
1 Includes June power sales estimates (based on current meter data and nodal prices) equivalent to 6 bitcoin (using month-end bitcoin price of $63,370)