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Cipher Mining Announces May 2024 Operational Update; Mined 166 BTC In May

Cipher Mining Inc. (NASDAQ:CIFR) ("Cipher" or the "Company") today released its unaudited production and operations update for May 2024. Key HighlightsKey MetricsMay 2024BTC Mined1166BTC Sold50BTC Held2,142Deployed
byBenzinga Newsdesk
June 4, 2024
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Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today released its unaudited production and operations update for May 2024.

 

Key Highlights

Key Metrics May 2024
BTC Mined1 166
BTC Sold 50
BTC Held 2,142
Deployed Mining Rigs 71,000
Month End Operating Hash Rate (EH/s) 8.0

1 Includes May power sales estimates (based on current meter data and nodal prices) equivalent to 8 bitcoin (using month-end bitcoin price of $67,667)

 
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