CIFR - What's Going On With Cipher Mining Canaan Shares Thursday? | Benzinga
Cipher Mining Inc (NASDAQ: CIFR) and Canaan Inc (NASDAQ: CAN) are trending on Thursday. The companies agreed on a new Bitcoin (CRYPTO: BTC) miner purchase order.
What Happened: Cipher Mining entered into an agreement with Canaan on Dec. 29, under which two of its joint venture entities purchased 16,700 A1466 model mining machines with an average hash rate of 150T/s.
Cipher purchased 11,000 similar models from Canaan ...