Cipher Mining Inc. announced a $50 million private investment in public equity (PIPE) from Softbank Group Corp., positioning the technology-focused investor as a key stakeholder in the company. Softbank Becomes Key Investor in Cipher Mining Cipher Mining’s (Nasdaq: CIFR) transaction involves Softbank purchasing approximately 10.4 million shares of Cipher’s common stock, with the funds directed […]
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Bitcoin’s hashrate has spent 316 days below its record as miners redirect power toward AI.The seven-day network average stood near 914 exahashes per second on Aug. 31, about...
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