⚒️ Cipher Mining: Production Report for April 2025
The Bitcoin mining company Cipher Mining Inc. (NASDAQ: CIFR) has published its unaudited operational report for April 2025.
🔹 Production and Sales:
Bitcoin mined: 174 BTC
Bitcoin sold: 350 BTC
Holdings at the end of April: 855 BTC
🔹 Technical Operations:
Mining rigs deployed: 75,000
Operational hash rate: 13.5 EH/s
Energy efficiency: 18.9 J/TH
Despite a scheduled three-day shutdown at its data center in Odessa for maintenance, Cipher managed to maintain solid production.
🔹 Outlook: The company continues to progress in the construction of its "Black Pearl" data center, expected to be energized in the second quarter of 2025.
📈 What does this mean for investors? This report reflects Cipher Mining's ability to maintain efficient operations and an active management of its digital assets, even in the face of operational challenges.
