Cipher Mining signs 10-year AI escrow deal, total revenue expected to reach $2 billion
2025-11-20 12:45:36
Nasdaq-listed bitcoin miner Cipher Mining announced that it signed a 10-year AI high-performance computing (HPC) escrow agreement with Fluidstack, which will generate approximately $830 million in revenue for Cipher Mining over the initial 10-year term and include two five-year contract renewal options. If the contract renewal option is exercised, the total transaction revenue may reach approximately $2 billion.
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