Cipher Mining released its unaudited production and operations update for June 2024.In June, Cipher delivered another solid month of production and continued to expand operations, with energization of the 30 MW expansions at each of its Bear and Chief data centers. “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 Tyler Page, CEO of Cipher. Bitcoin Production and Operations Updates for June 2024 include: Cipher produced ~176 BTC in June. As part of its regular treasury management process, Cipher sold ~103 BTC in June, ending the month with a balance of ~2,209 BTC.
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