Bitcoin miner Cipher posts $31 million profit as AI pivot begins

Photo: CoinDesk
The company's revenue dropped 63% in the third quarter, while a $127 million accounting gain helped turn an operating loss into a reported profit.
Source: CoinDesk
An independent desk covering Stake, the US casino market and crypto.

Photo: CoinDesk
The company's revenue dropped 63% in the third quarter, while a $127 million accounting gain helped turn an operating loss into a reported profit.
Source: CoinDesk