Name | Value |
---|---|
Revenues | 48.1M |
Cost of Revenue | 45.1M |
Gross Profit | 3.0M |
Operating Expense | 6.1M |
Operating I/L | -3.0M |
Other Income/Expense | -1.3M |
Interest Income | 0.8M |
Pretax | 45.5M |
Income Tax Expense | 5.6M |
Net Income/Loss | 39.9M |
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.