According to BlockBeats, on August 14, according to the official announcement, Bitcoin mining company Cipher Mining released its second quarter 2024 performance update, indicating that its net loss in the second quarter of 2024 was US$15 million according to US Generally Accepted Accounting Principles (GAAP), and its non-GAAP adjusted loss was US$3 million. The current computing power is about 8.7 EH/s, and the goal is to reach about 13.5 EH/s by the end of 2024 and about 35.0 EH/s by the end of 2025.
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Bitcoin mining company Cipher Mining suffered a net loss of $15 million in Q2
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