CIFR - Cipher Mining Stock Is Rising Monday: What's Going On? | Benzinga
Cipher Mining Inc (NASDAQ: CIFR) shares are trading higher Monday after the Bitcoin (CRYPTO: BTC) miner provided a production update for November.
What Happened: Cipher Mining said it mined 433 bitcoin last month. The company sold 391 bitcoin and is currently holding 558 coins. Cipher noted that it currently has 70,000 mining rigs deployed with a month end operating hash rate of 7.2 EH/s.
"Cipher's production really hit its stride ...