Cipher targets $2B HPC data center funding as BTC mining profitability continues to slip

Cipher Mining has announced a $2 billion offering from its subsidiary Black Pearl Compute LLC to build a large data center in Texas. The funds are expected to go towards the construction of Cipher Mining’s Black Pearl Facility. The facility has a total power capacity of 300 megawatts (MW). Why is Cipher Mining shifting focus […] source: https://www.cryptopolitan.com/cipher-data-center-funding-btc-mining-slips/