Cipher Mining Announces October 2023 Operational Update; 428 Mined In October

Cipher Mining Inc. (NASDAQ:CIFR) ("Cipher" or the "Company") today released its unaudited production and operations update for October 2023. Key HighlightsKey MetricsOctober 2023*BTC Mined428Power Sales

here or access the webcast through our investor website at https://investors.ciphermining.com.
 

Operations Center at Cipher Mining’s Odessa Facility

Bitcoin Production and Operations Updates for October 2023

Cipher produced ~428 BTC in October, representing a ~3% increase in production versus the previous month amidst average monthly network hash rate increasing ~9% in October relative to the previous month. As part of its regular treasury management process, Cipher sold ~466 BTC in October, ending the month with a balance of ~516 BTC.

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