NasdaqGS:CIFRSoftware
Cipher Mining Turns To AI And Cloud With Amazon AWS Deal
Cipher Mining (NasdaqGS:CIFR) announced an agreement to provide 300 megawatts of capacity to Amazon Web Services.
The deal marks a shift from a pure bitcoin mining focus toward AI and cloud infrastructure.
The agreement links Cipher Mining with Amazon as a high profile customer in the broader technology sector.
Cipher Mining has been known mainly as a bitcoin mining operator, so this new agreement with Amazon Web Services signals a change in how the business may use its power capacity. For...