Cipher Mining Diversifies Beyond Texas With 200MW “Ulysses” Site Acquisition in Ohio

Cipher Mining Inc. (NASDAQ:CIFR) is one of the promising stocks to buy under $50. On December 23, Cipher Mining announced the acquisition of a new 200-megawatt/MW site in Ohio, named Ulysses. This acquisition represents a significant milestone for the company, as this is its first site located outside of Texas. The move highlights Cipher’s strategy to diversify its geographical footprint and source high-quality infrastructure opportunities across the US. The Ulysses site encompasses 195 acres of land and ...