US Bitcoin miner Cipher Mining Q2 net loss of $15 million
US-based publicly traded Bitcoin miner Cipher Mining (ticker: CIFR) reported a net loss of $15 million in the second quarter of 2024, slightly higher than the net loss of $13.2 million in the same period last year. Like many crypto miners after the Bitcoin halving in April, Cipher is expanding its production capacity and hopes to further expand into high-performance computing.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Traders still expect the Fed to make at least two big rate cuts in the near future
UBS strategist: expect S&P 500 to fall at least 10%
Stablecoin trading volume on the ethereum chain reaches an all-time high of $1.46 trillion
Goldman Sachs: Global rate-cutting cycle favours the dollar
