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CIFR| Name | Value |
|---|---|
| Revenues | 3.0M |
| Cost of Revenue | 0.7M |
| Gross Profit | 2.3M |
| Operating Expense | 22.9M |
| Operating I/L | -21.7M |
| Other Income/Expense | -28.1M |
| Interest Income | 0.1M |
| Pretax | -49.8M |
| Income Tax Expense | 1.8M |
| Net Income/Loss | -51.6M |
Cipher Mining Inc. is a technology company specializing in bitcoin mining in the United States. The company focuses on developing and expanding its cryptocurrency mining business, with a specific emphasis on bitcoin. By leveraging advanced technology and infrastructure, Cipher Mining Inc. generates revenue through the process of validating bitcoin transactions and securing the network. As a key player in the bitcoin mining ecosystem, the company's operations contribute to the creation of new bitcoins and the overall maintenance of the blockchain network.
