Cipher Mining Reports August Bitcoin Production and Future Projections

Cipher Mining, a publicly listed company on the NASDAQ, has published its August operational data. Black Pearl Phase I contributed about 39% to total Bitcoin production during the month. The company anticipates reaching a computing power of 10 exahashes per second (EH/s) by the end of Q3, increasing its self-mining capacity to around 23.5 EH/s. ^[1]