BTC mining company Cipher Mining announced that it has received a $50 million PIPE investment from SoftBank. It is reported that SoftBank plans to purchase approximately 10.4 million shares of common stock of the company at a price of $50 million, and the new funds will support its HPC data center development business. (globenewswire)

According to Tokenpost, BTCMining company Cipher Mining (CIFR) announced that it has received a $50 million investment from SoftBank, which will purchase 10.4 million shares of the company. Cipher Mining said it will use the funds to support the development of high-performance computing (HPC) data centers. Tyler Page, CEO of the company, said that SoftBank's support for technological innovation and AI development aligns with Cipher's vision of becoming a leader in HPC data center development.

On November 29th, ETH Foundation researcher Justin Drake tweeted that the ETH Foundation is investing tens of millions of dollars in zkVM, including zkRISC-V formal verification, Poseidon cipher analysis, and L2beat for zkVMs.

Or affected by Trump's comments on the encryption industry, the stock prices of the top ten mining companies rose by about 10%. BlockBeats news, on June 13th, the stock prices of Bitcoin mining companies rose by about 10% on Wednesday. The day before, US presidential candidate Trump promised to strengthen the country's encryption mining business. Among the top ten market capitalization Bitcoin mining companies, TeraWulf (WULF) and Hut 8 Mining (Hut) saw the largest increase in stock prices, rising 10.5% and 10.07% respectively on June 12th. Core Scientific (CORZ), Iris Energy (IREN), and Cipher Mining (CIFR) ranked in the top five with increases of 9.87%, 9.72%, and 8.94%, respectively. CleanSpark (CLSK) and Riot Platforms (RIOT) also rose by 8.15% and 6.5% respectively, but the largest market capitalization Bitcoin mining company Marathon Digital (MARA) only rose by 2.4% that day. Earlier, Trump stated that Bitcoin mining may be the last line of defense against CBDC. He hopes all remaining bitcoins are made in the USA, which will help the US dominate the energy sector.#BTC #MAGA

Odaily Planet Daily News Bitcoin mining company's stock price rose by about 10% on Wednesday. The day before, US presidential candidate Donald Trump promised to strengthen the country's encryption mining business. According to data from Google Finance, among the top ten Bitcoin mining companies in terms of market capitalization, TeraWulf (WULF) and Hut 8 Mining (Hut) had the highest increase in stock prices, with increases of 10.5% and 10.07% respectively on June 12th. Core Scientific（CORZ）、Iris Energy（IREN） and Cipher Mining（CIFR） ranked in the top five with growth rates of 9.87%, 9.72% and 8.94% respectively. CleanSpark (CLSK) and Riot Platforms (RIOT) also rose by 8.15% and 6.5% respectively, but the largest market cap Bitcoin mining company Marathon Digital (MARA) only rose by 2.4% on that day. (Cointelegraph) Yesterday, Trump posted on Truth Social, saying that Bitcoin mining may be the last line of defense against CBDC. He hopes that all remaining Bitcoins are made in the USA, which will help the US dominate the energy sector. Trump also told industry executives that if he is elected president in November, he promises to support the industry.

On April 27, according to data reported by Motley Fool, in the week following the halving of Bitcoin block rewards, the stock prices of several Bitcoin mining companies rose despite the halving of miner income. Riot Platforms saw the highest increase of 36.3%, while Marathon Digital and Cipher Mining rose by 20.1% and 20.3% respectively. Analysis suggests that the halving may eventually trigger consolidation in the mining industry, with well-capitalized mining companies acquiring assets of less efficient competitors, leading to a concentration of market share among a few competitors and improving profitability, especially in the case of rising Bitcoin prices. Additionally, although an increase in market share may be positive, miners still need to profit from the price difference between costs and the price of Bitcoin.

Bit World reported: The stock prices of several Bitcoin mining companies are rising in the market trend. The halving may trigger industry consolidation. According to the report from BlockBeats, on April 27th, within a week of the Bitcoin block reward halving, despite the halving of miner income, the stock prices of several Bitcoin mining companies rose. Among them, Riot Platforms' stock price rose as much as 36.3%, Marathon Digital and Cipher Mining rose by 20.1% and 20.3% respectively. Analysts believe that the halving may eventually lead to mining consolidation, with financially strong mining companies acquiring assets from less efficient competitors, resulting in market concentration in the hands of a few competitors. This will help improve profitability, especially when the Bitcoin price rises. (DL News)

After a week of Bitcoin block reward halving, despite the halving of miner's income, the stock prices of several Bitcoin mining companies have increased. According to data from Motley Fool, Riot Platforms saw the highest increase of 36.3%, while Marathon Digital and Cipher Mining increased by 20.1% and 20.3% respectively. Analysis suggests that the halving may eventually lead to industry consolidation, with well-funded mining companies acquiring assets from less efficient competitors, resulting in a concentration of market share among a few players and improving profitability, especially in the case of rising Bitcoin prices. Additionally, while an increase in market share may be positive, miners still need to profit from the difference between costs and Bitcoin prices. (DL News)

According to Cipher, founder of JoyID, co-founder of CELL Studio, and researcher at Nervos Network, he is pleased to introduce the RGB++ protocol testnet implementation to developers and early adopters. Now everyone can deploy and interact with Turing-complete scripts on the Bitcoin network in a permissionless and trustless manner.

Bitcoin miner Cipher Mining has released an unaudited production and operations update for February 2024. The company produced about 334 BTC in February, with an average monthly network hash rate growth of about 9.4%. As part of its regular financial management process, Cipher sold about 33 BTC in February, with a balance of about 1,433 BTC at the end of the month. Cipher is an emerging technology company focused on Bitcoin Mining the development and operation of data centers, expanding and enhancing critical infrastructure for Bitcoin networks. （Globenewswire）

PANews reported on January 4 that, according to PR Newswire, Canaan announced that it had obtained a follow-up purchase order from Cipher Mining and Stronghold Digital Mining. Together, these orders involve the purchase of more than 17,000 BitcoinMining Rig, and build on Canaan's existing relationships with Cipher and Stronghold. According to the press release, Cipher's joint venture entity has purchased 16,700 A1466 Avalon Mining Rigs, and the previously purchased 11,000 A1346 Avalon Mining Rigs have been delivered and installed at Cipher's Odessa plant. Stronghold purchased 1,100 A1346 Avalon Mining Rigs, with the previously purchased 2,000 delivered and installed at Stronghold's Patha Creek facility.

According to Golden Finance, Canaan announced that it has obtained a follow-up purchase order from Cipher Mining and Stronghold Digital Mining. Together, these orders involve the purchase of more than 17,000 BitcoinMining Rig units, which build on Canaan's existing relationships with Cipher and Stronghold. Cipher's joint venture entity has purchased 16,700 A1466 Avalon Mining Rigs, and the previously purchased 11,000 A1346 Avalon Mining Rigs have been delivered and installed at Cipher's Odessa plant. Stronghold purchased 1,100 A1346 Avalon Mining Rigs, with the previously purchased 2,000 delivered and installed at Stronghold's Patha Creek plant.