Cipher Mining Inc. (CIFR) closed the most recent trading day at $3.97, moving -1.98% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 1.04% for the day. Meanwhile, the Dow experienced a rise of 0.76%, and the technology-dominated Nasdaq saw an increase of 1.03%. Shares of the company witnessed a loss of 12.34% over the previous month, trailing the performance of the Business Services sector with its loss of 5.54% and the S&P 500's loss of 6.74%. Analysts and ...

NEW YORK, Aug. 02, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) ("Cipher" or the "Company") today released its unaudited production and operations update for July 2024. Key Highlights | --- | --- | |--------------------------------------|-----------| | | | | Key Metrics | July 2024 | | BTC Mined1 | 178 | | BTC Sold | 108 | | BTC Held | 2,270 | | Deployed Mining Rigs | 75,000 | | Month End Operating Hash Rate (EH/s) | 8.7 | 1 Includes July power sales estimates (based on current meter data and n ...

NEW YORK, Aug. 02, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) ("Cipher" or the "Company") today released its unaudited production and operations update for July 2024. Key Highlights | --- | --- | |--------------------------------------|-----------| | | | | Key Metrics | July 2024 | | BTC Mined1 | 178 | | BTC Sold | 108 | | BTC Held | 2,270 | | Deployed Mining Rigs | 75,000 | | Month End Operating Hash Rate (EH/s) | 8.7 | 1 Includes July power sales estimates (based on current meter data and n ...

The live webcast and a webcast replay of the conference call can be accessed from the investor relations section of Cipher's website at https://investors.ciphermining.com. To access this conference call by telephone, register here to receive dial-in numbers and a unique PIN to join the call. Contacts: Investor Contact: Josh Kane Head of Investor Relations at Cipher Mining josh.kane@ciphermining.com NEW YORK, July 29, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ: CIFR) ("Cipher" or the "Company"), a U ...

Bitcoin (BTC) mining stocks are drawing significant attention from investors looking for promising opportunities in the cryptocurrency market. The recent assassination attempt on former President Trump sent shockwaves through the political landscape, driving Bitcoin prices over $64,000 and boosting Bitcoin miner stocks. Earlier this year, these stocks struggled due to investor concerns over declining revenues and rising costs following the launch of spot Bitcoin ETFs in the US and the halving event. However ...

The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Cipher Mining Inc. (CIFR) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question. Within the past quarter, the Zacks Consensus Estima ...

Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements. The stock's price increased in response to Bitcoin's price rise over the weekend, following Germany's liquidation of Bitcoin holdings, which alleviated selling pressure on the cryptocurrency. The stock currently carries a Zacks Rank #3 (Hold). You can see the complete li ...

Investors will be eagerly watching for the performance of Cipher Mining Inc. in its upcoming earnings disclosure. The company's upcoming EPS is projected at -$0.03, signifying a 40% increase compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $38.85 million, indicating a 24.44% increase compared to the same quarter of the previous year. Cipher Mining Inc. (CIFR) ended the recent trading session at $4.36, demonstrating a -1.58% swing from the ...

1 Includes June power sales estimates (based on current meter data and nodal prices) equivalent to 6 bitcoin (using month-end bitcoin price of $63,370) 1 Includes June power sales estimates (based on current meter data and nodal prices) equivalent to 6 bitcoin (using month-end bitcoin price of $63,370) Management Commentary for June "At Bear we have now received and installed all the new mining rigs, and we expect to finish installing the remainder of the new mining rigs at Chief later this month," said Tyl ...

NEW YORK, July 02, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) ("Cipher" or the "Company") today released its unaudited production and operations update for June 2024. Key Highlights | --- | --- | |--------------------------------------|-----------| | | | | Key Metrics | June 2024 | | BTC Mined1 | 176 | | BTC Sold | 103 | | BTC Held | 2,209 | | Deployed Mining Rigs | 75,000 | | Month End Operating Hash Rate (EH/s) | 8.6 | 1 Includes June power sales estimates (based on current meter data and n ...