Nasdaq-listed Cipher Mining (CIFR) has acquired Ulysses, a 200-megawatt mining site in Ohio, GlobeNewswire reported. The property includes 195 acres of land and power supply capacity secured from local utility AEP Ohio. This acquisition gives Cipher Mining a strategic foothold with direct access to PJM Interconnection LLC, the largest wholesale electricity market in the U.S. The company previously issued $1.1 billion in convertible notes as part of its strategy to build data centers and develop its high-performance computing capabilities.
Cipher Mining acquires 200 MW Ulysses mining site in Ohio
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content





