Name | Value |
---|---|
Revenues | 30.3M |
Cost of Revenue | 13.0M |
Gross Profit | 17.3M |
Operating Expense | 37.3M |
Operating I/L | -18.2M |
Other Income/Expense | -0.6M |
Interest Income | 0.0M |
Pretax | -18.8M |
Income Tax Expense | -1.1M |
Net Income/Loss | -17.7M |
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.