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CIFR| Name | Value |
|---|---|
| Revenues | 43.4M |
| Cost of Revenue | 30.1M |
| Gross Profit | 13.3M |
| Operating Expense | 22.5M |
| Operating I/L | -9.2M |
| Other Income/Expense | -0.6M |
| Interest Income | 0.1M |
| Pretax | 15.2M |
| Income Tax Expense | 4.0M |
| Net Income/Loss | 11.2M |
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.
