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Cipher Mining logo with financial graphs representing Q2 2024 performance
Cipher Mining

Cipher Mining Q2 2024 Financial Results: $15 Million Loss & Hasrate Goals

Cipher Mining reports its Q2 2024 financials, revealing a GAAP loss of $15 million. The company aims to boost its hashrate from 8.7 EH/s to 13.5 EH/s by the end of 2024 and 35.0 EH/s by 2025.