[Jones077]

It definitely is a hidden gem. I acquired a huge number of the warrants. When cryptocurrency is priced like this, though, people appear indifferent, yet when it is at all-time highs, everyone wants to talk about and invest in it. though, now is the period when I am stocking up.

[Monksdream]

CIFR new 52 week high

[Monksdream]

CIFR new 52 week high

[Clemdane]

Why are we down today? Bitcoin is zooming

[nowwhat2]

Bitcoin Miner(s)





2 days later......

[SmokyStock]

(Cipher Mining receives a buy rating and a 41 price target from Compass Point analysts.)
As of June 6, 2023, Compass Point analyst Chase White has assigned the stock of Cipher Mining ($CIFR) a buy rating and a $41 price target. The TipRanks Smart Score, which is derived from eight different data sets, including analyst recommendations, is the foundation for the stock analysis for Cipher Mining.
The 52-week range of Cipher Mining's stock is $0.38 to $3.32, and its beta value is 2.30. The stock has a "strong buy" rating from analysts, and their $3.50 price target would represent a 40.0% increase.
Cipher Mining published a Form S-3 on May 4, 2023, outlining its potential sale of 187 million stockholder shares. MarketWatch has the most recent stock price for Cipher Mining.
It is important to note that Cipher Mining should not be confused with Compass Pathways PLC, which is a completely separate company.

[Clemdane]

$2.49 after hours today.

[chickenvestor]

“Cipher finished April with the potential to mine approximately 16.2 bitcoin1 per day”

No debt and continuing to add mining capacity. Not to mention they have an amazing 5 year power contract at Odessa.

[chickenvestor]

Cipher Mining Announces April 2023 Operational Update

https://investors.ciphermining.com/news-releases/news-release-details/cipher-mining-announces-april-2023-operational-update


PDF Version
May 1, 2023
Cipher Produces 406 Bitcoin and Achieves New All-Time High Hash Rate Capacity of 6.0 EH/s in April 2023

NEW YORK, May 01, 2023 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”), a leading developer and operator of bitcoin mining data centers, today released its unaudited production and operations update for April 2023.

Key Highlights

Key Metrics April 2023*
BTC Mined 406
BTC Sold 406
BTC Held 427
Deployed Mining Rigs 59,000
Month End Operating Hash Rate (EH/s) 6.0
*Approximate values

Management Commentary
During the month of April, Cipher expanded operations at its Odessa facility while funding both operating expenses and capital expenditures through ongoing operations. Cipher finished April with the potential to mine approximately 16.2 bitcoin1 per day.

“We are delighted to announce we achieved our initial corporate buildout goal of 6 EH/s during the month of April,” said Tyler Page, CEO of Cipher. “We now have over 5 EH/s of self-mining operations at our Odessa facility and approximately 1 EH/s of self-mining operations across our other three sites. In April, we continued to fund our operating expenses as well as our capital expenditures through ongoing operations, without any dilution for shareholders. We now look forward to completing the final phase of Odessa’s buildout this summer and turning our focus to the next stages of growth.”

Odessa Data Center Area A – Final Phase Buildout Location


Odessa Data Center Area A – Final Phase Buildout Location

Bitcoin Production and Operations Updates for April 2023
Cipher energized its remaining new Bitmain and MicroBT miners in April, bringing its total deployed rig count to over 59,000. Cipher produced ~406 BTC in April, representing a ~2% decrease in production relative to the previous month. As part of its regular treasury management process, Cipher sold ~406 BTC in April, ending the month with a balance of ~427 BTC.

About Cipher
Cipher is an emerging technology company focused on the development and operation of bitcoin mining data centers. Cipher is dedicated to expanding and strengthening the Bitcoin network's critical infrastructure. Together with its diversely talented team and strategic partnerships, Cipher aims to be a market leader in bitcoin mining growth and innovation. To learn more about Cipher, please visit https://www.ciphermining.com/.

Forward Looking Statements
This press release contains certain forward-looking statements within the meaning of the federal securities laws of the United States. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Any statements made in this press release that are not statements of historical fact, including statements about our beliefs and expectations regarding our future results of operations and financial position, business strategy, timing and likelihood of success, potential expansion of bitcoin mining data centers, and management plans and objectives, are forward-looking statements and should be evaluated as such. Forward-looking statements include information concerning possible or assumed future results of operations, including descriptions of our business plan and strategies. These forward-looking statements generally are identified by the words “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “seeks,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “strategy,” “future,” “forecasts,” “opportunity,” “predicts,” “potential,” “would,” “will likely result,” “continue,” and similar expressions (including the negative versions of such words or expressions).

These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Cipher and our management, are inherently uncertain. Such forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such forward looking statements. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: volatility in the price of Cipher’s securities due to a variety of factors, including changes in the competitive and regulated industry in which Cipher operates, variations in performance across competitors, changes in laws and regulations affecting Cipher’s business, and the ability to implement business plans, forecasts, and other expectations and to identify and realize additional opportunities. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of our Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on March 14, 2023, and in Cipher’s subsequent filings with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Cipher assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

Contacts:
Investor Contact:
Josh Kane
Head of Investor Relations at Cipher Mining
[e-mail]

Media Contact:
Ryan Dicovitsky / Kendal Till
Dukas Linden Public Relations
[e-mail]

1 Assumes network hash rate of 343 EH/s and 927 bitcoins mined per day

[perry3412]

Cipher is a US-based Bitcoin mining company. It’s been relatively quiet on the newswires this month. But one thing that has come to light and could be a source of speculation is news of its upcoming earnings. Cipher plans to release its first quarter 2023 results on May 9th.

[chickenvestor]

Starting to look like I am going to be wrong. Probably will drop below $2. Hopefully the next update will contain news that will reverse the downward trend.

[Clemdane]

Gotcha. It's weird - Needham & Company LLC raised their target on CIFR to $4.00 yesterday and on Stocktwits people were referring to this as a 'downgrade' and saying that's why we dipped. It didn't make sense to me.

[chickenvestor]

We have a nice start to the day. I think we will see $4 before we ever see $2 again.

[chickenvestor]

Could be manipulation or some profit taking after the recent run up but you also have people like Peter Schiff and Warren Buffett recently saying the current Bitcoin run is going to be short lived. They may be right but it continues to climb.

[Clemdane]

What happened today?

[Clemdane]

Liftoff!

[conix]

CIFR chart is looking good.

[SmokyStock]

Cipher Mining Inc. Short Interest Update

Cipher Mining Inc. (NASDAQ:CIFR) had a significant increase in short interest in February. As of February 28th, there was short interest totaling 7,060,000 shares, an increase of 6.8% from the February 13th total of 6,610,000 shares. Approximately 18.2% of the company’s shares are shorted, with an average daily volume of 1,170,000 shares and a days-to-cover ratio of 6.0 days. Hedge funds and other institutional investors have recently made changes to their positions in the business. Kepos Capital LP acquired a new stake in shares of Cipher Mining in the third quarter valued at approximately $109,000. Van ECK Associates Corp increased its holdings in Cipher Mining by 30.5% during the third quarter and now owns 544,129 shares of the company's stock worth $686,000. Empowered Funds LLC bought a new position in shares of CIFR in the second quarter valued at $144,000. UBS Group AG raised its position in Cipher Mining from 236.7% to 236.8% during the first quarter. UBS group AG now owns 20,601 shares of the stock worth $75,000 after acquiring an additional 14,483 shares in the last quarter. 10.80% of the stock is currently owned by institutional investors and hedge funds.Cipher Mining opened at $1.83 on Thursday. The firm has a market cap of $453.02 million, a P/E ratio of -11.44, and a beta of 2.18. Cipher Mining has a twelve month low of $0.38 and a twelve month high of $3.94. The firm’s 50 day moving average price is $1.42 and its 200-day moving average Price is $2.09."

[SmokyStock]

Cipher Mining Inc. Short Interest Update

Cipher Mining Inc. (NASDAQ:CIFR) had a significant increase in short interest in February. As of February 28th, there was short interest totaling 7,060,000 shares, an increase of 6.8% from the February 13th total of 6,610,000 shares. Approximately 18.2% of the company’s shares are shorted, with an average daily volume of 1,170,000 shares and a days-to-cover ratio of 6.0 days. Hedge funds and other institutional investors have recently made changes to their positions in the business. Kepos Capital LP acquired a new stake in shares of Cipher Mining in the third quarter valued at approximately $109,000. Van ECK Associates Corp increased its holdings in Cipher Mining by 30.5% during the third quarter and now owns 544,129 shares of the company's stock worth $686,000. Empowered Funds LLC bought a new position in shares of CIFR in the second quarter valued at $144,000. UBS Group AG raised its position in Cipher Mining from 236.7% to 236.8% during the first quarter. UBS group AG now owns 20,601 shares of the stock worth $75,000 after acquiring an additional 14,483 shares in the last quarter. 10.80% of the stock is currently owned by institutional investors and hedge funds.Cipher Mining opened at $1.83 on Thursday. The firm has a market cap of $453.02 million, a P/E ratio of -11.44, and a beta of 2.18. Cipher Mining has a twelve month low of $0.38 and a twelve month high of $3.94. The firm’s 50 day moving average price is $1.42 and its 200-day moving average Price is $2.09."

[chickenvestor]

Cipher Mining Provides Fourth Quarter and Full Year 2022 Business Update
March 14 2023 - 07:00AM
GlobeNewswire Inc.

https://ih.advfn.com/stock-market/NASDAQ/cipher-mining-CIFR/stock-news/90497353/cipher-mining-provides-fourth-quarter-and-full-yea

Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”), a leading developer and operator of bitcoin mining data centers, today announced results for its fourth quarter and full year ended December 31, 2022, with an update on its operations and deployment strategy.
“We are pleased to announce financial results that demonstrate our resilient position as a low-cost producer of bitcoin, while we continue our steady march toward the completion of our initial data centers,” said Tyler Page, CEO of Cipher. “As always, our focus is on prudent growth through the cycle, which we can accomplish given the strength of our balance sheet and the significant ramp up at our Odessa facility. As we complete our initial build out at Odessa, we will increase our focus on the tremendous organic growth opportunities we have across our sites, as well as continue to refine our pipeline of potential new projects and new opportunities to drive shareholder value.”

Ed Farrell, CFO of Cipher Mining, said, “We commenced producing revenues in the fourth quarter of 2022 with the energization of our Odessa data center. With the ramp up of Odessa in 2023, we look forward to providing the market with greater detail on our operations, which we believe will illuminate our best-in-class unit economics.”

Finance and Operations Updates

Across four initial data centers, Cipher remains on track to deploy up to ~5.7 EH/s by the end of Q1 2023, with a highly efficient machine fleet, averaging ~31.4 J/TH, purchased at an average price of ~$30.53/TH/s
The weighted average power price at the Company’s current sites is ~2.7 c/kWh
~515 and ~377 bitcoin mined in fiscal year 2022 and the fourth quarter of 2022, respectively
Cipher produced full year 2022 GAAP diluted net loss of $0.16 per share and non-GAAP diluted net loss of $0.26 per share
Recent Developments

Cipher began reporting unaudited monthly production and operations updates in December 2022.

In January 2023, Cipher energized 13,300 new Bitmain and MicroBT miners, representing an increase in hash rate of ~1.4 EH/s and a ~48% increase relative to the previous month. With the increase in hash rate, Cipher produced ~343 bitcoin in January, representing a ~52% increase in production relative to the previous month. At month-end, Cipher reported over 3.3 EH/s of self-mining operations at the Odessa facility and ~4.3 EH/s of self-mining operations across all the sites.

In February 2023, Cipher energized an additional 7,710 new Bitmain and MicroBT miners, representing an increase in hash rate of ~0.9 EH/s and a ~19% increase relative to the previous month. With the increase in hash rate, Cipher produced ~398 bitcoin in February, representing a ~16% increase in production relative to the previous month. At month-end, Cipher reported over 4.2 EH/s of self-mining operations at the Odessa facility and ~5.2 EH/s of self-mining operations across all the sites.

[chickenvestor]

Earnings will be released before the market opens Tuesday, March 14. Analysts are expecting a $.07 loss. I think it is more likely they report positive earnings with the returns from the start up of Odessa.

[chickenvestor]

Mining 15.8 Bitcoin per day.
And they continue to add while increasing their Bitcoin holdings and not taking on debt. Very impressive. Waiting for the earnings announcement to see just what their cost per coin to mine is. Possibly under $5000 per coin due to really good energy contracts. This stock is way undervalued.

[chickenvestor]

Cipher Mining Announces February 2023 Operational Update

https://investors.ciphermining.com/news-releases/news-release-details/cipher-mining-announces-february-2023-operational-update

Mar 1, 2023
Leading Bitcoin Miner Produces 398 Bitcoin and Achieves New All-Time High Hash Rate Capacity of 5.2 EH/s in February 2023
NEW YORK, March 01, 2023 (GLOBE NEWSWIRE) -- Cipher Mining (NASDAQ:CIFR) ("Cipher" or the "Company"), a leading developer and operator of bitcoin mining data centers, today announced its unaudited production and operations update for February 2023.

Key Highlights

Key Metrics February 2023*
BTC Mined 398
BTC Sold 357
BTC Held 465
Deployed Mining Rigs 48,500
Month End Operating Hash Rate (EH/s) 5.2
*Approximate values

Management Commentary
During the month of February, Cipher continued to expand operations at its Odessa facility, fund capital expenditures out of operations and build its bitcoin inventory. Cipher began the month with the potential to mine up to ~13.0 bitcoin in a day and finished with the potential to mine ~15.8 bitcoin1 – a ~21% increase in a single month.

"Our steady march to deploy an initial 6 EH/s continued throughout February," said Tyler Page, CEO of Cipher. "We now have over 4.2 EH/s of self-mining operations at our Odessa facility and approximately 5.2 EH/s of self-mining operations across all of our sites. Furthermore, we managed to build our bitcoin inventory during the month while simultaneously paying operating expenses and covering significant capital expenditures at Odessa out of our monthly production. Our flexibility to pay for expansion while avoiding equity dilution and costly debt demonstrates the true power of being a low-cost producer."

Odessa Data Center Staging Area
Odessa Data Center Staging Area

Energized 7,710 Bitcoin Miners at Odessa in February 2023
Energized 7,710 Bitcoin Miners at Odessa in February 2023

Odessa Data Center Area B & C
Odessa Data Center Area B & C

Bitcoin Production and Operations Updates for February 2023

During the month of February, Cipher energized 7,710 new Bitmain and MicroBT miners, representing an increase in hash rate of ~0.9 EH/s and a ~19% increase relative to the previous month. With the increase in hash rate, Cipher produced ~398 BTC in February, representing a ~16% increase in production relative to the previous month. As part of its regular treasury management process, Cipher sold ~357 BTC in February, ending the month with a balance of ~465 BTC.

About Cipher
Cipher is an emerging technology company focused on the development and operation of bitcoin mining data centers in the United States. Cipher is dedicated to expanding and strengthening the Bitcoin network's critical infrastructure. Together with its diversely talented team and strategic partnerships, Cipher aims to be a market leader in bitcoin mining growth and innovation. To learn more about Cipher, please visit https://www.ciphermining.com/.

Forward Looking Statements
This press release contains certain forward-looking statements within the meaning of the federal securities laws of the United States. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Any statements made in this press release that are not statements of historical fact, including statements about our beliefs and expectations regarding our performance, strategy, expansion plans, future operations, future operating results, projected costs, prospects, plans, and objectives of our management, are forward-looking statements and should be evaluated as such. Forward-looking statements include information concerning possible or assumed future results of operations, including descriptions of our business plan and strategies. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "forecast," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions (including the negative versions of such words or expressions).

These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Cipher and our management, are inherently uncertain. Such forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such forward looking statements. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: volatility in the price of Cipher's securities due to a variety of factors, including changes in the competitive and regulated industry in which Cipher operates, variations in performance across competitors, changes in laws and regulations affecting Cipher's business, and the ability to implement business plans, forecasts, and other expectations and to identify and realize additional opportunities. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the "Risk Factors" section of our Annual Report on Form 10-K filed with the Securities and Exchange Commission ("SEC") on March 4, 2022, the "Risk Factors" sections of our Quarterly Report on Form 10-Q filed with the SEC on May 10, 2022 and on November 14, 2022, and in Cipher's subsequent filings with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Cipher assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

——————————

1 Assumes network hash rate of 297 EH/s and 910 bitcoins mined per day

[SmokyStock]

Cipher Mining Announces Date of Fourth Quarter and Full Year 2022 Earnings Conference Call

https://www.yahoo.com/now/cipher-mining-announces-date-fourth-210500247.html

[chickenvestor]

New video from Talkin’ Investing.

YouTube Link

[chickenvestor]

https://www.globenewswire.com/news-release/2023/02/01/2600007/0/en/Cipher-Mining-Announces-January-2023-Operational-Update.html

News out!

[chickenvestor]

I think this is starting to get some attention.

[77Port]

Now we get to watch politicians strangle themselves over blockchain tech. Will mining companies earn the right to exist? Or must they win the favor of the politicians who win the fight to hold the purse strings?

[chickenvestor]

Finally.

https://finance.yahoo.com/news/cipher-mining-commences-bitcoin-mining-210500780.html



Cipher Mining Commences Bitcoin Mining at Odessa Data Center
Cipher Mining Inc.
Tue, November 29, 2022 at 3:05 PM

Marks Critical Step at Texas Site

All Four Data Centers Positioned to Produce up to ~7.0 EH/s at an Average Power Price of ~2.7 c/kWh by Early 2023

NEW YORK, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Cipher Mining, Inc. (Nasdaq: CIFR) (“Cipher” or the “Company”), a U.S.-based bitcoin mining company, today announced it has commenced bitcoin mining operations at its Odessa data center in Texas.

“We are delighted to announce that our Odessa data center has begun bitcoin mining operations just 10 months after we broke ground at the site. The start of mining at Odessa represents a critical step in Cipher’s journey to become a market leader in the U.S. bitcoin mining industry. Since going public in 2021, we have built four data centers in Texas and are now one of the lowest cost producers of bitcoin,” said Tyler Page, CEO. “Because of our long-term, fixed price power contract at Odessa, we also have an advantage that few other bitcoin miners have -- the flexibility to mine bitcoin or resell our power to the market, which can help mitigate the effects of falling bitcoin prices.”

[Henry_Jones0789]

Cipher Mining currently has 247,518,966 outstanding shares. With Cipher Mining stock trading at $1.15 per share, the total value of Cipher Mining stock (market capitalization) is $284.65M.
Cipher Mining stock was originally listed at a price of $9.90 in Oct 20, 2020. If you had invested in Cipher Mining stock at $9.90, your return over the last 2 years would have been -88.38%, for an annualized return of -65.92% (not including any dividends or dividend reinvestments).

[Henry_Jones0789]

Cipher Mining Inc (CIFR) stock is down -86.64% over the last 12 months, and the average rating from Wall Street analysts is a Hold. CIFR stock a score of 29 out of a possible 100.That rank is primarily influenced by a long-term technical score of 7. CIFR's rank also includes a short-term technical score of 15.Cipher Mining Inc (CIFR) stock is higher by 40.75% while the S&P 500 is down -0.72% as of 2:58 PM on Wednesday, Oct 26. CIFR is higher by $0.34 from the previous closing price of $0.83 on volume of 2,086,934 shares. Over the past year the S&P 500 is lower by -16.25% while CIFR is down -86.64%. CIFR lost -$0.47 per share in the over the last 12 months.

[Henry_Jones0789]

According to 1 Wall Street analyst that have issued a 1 year CIFR price target, the average CIFR price target is $1.50, with the highest CIFR stock price forecast at $1.50 and the lowest CIFR stock price forecast at $1.50.

The Wall Street analyst predicted that Cipher Mining's share price could reach $1.50 by Oct 10, 2023. The average Cipher Mining stock price prediction forecasts a potential upside of 70.26% from the current CIFR share price of $0.88.

[chickenvestor]

Someone put me on this ticker a few days ago. They have a new facility in Texas with a 10yr contract for power for 2.5cents/kWh. I just need to do more research to see how big this is. I am only messaging from hearsay but apparently there is something to it.

[IPO$]

Largest Bitcoin miner in Europe?

[77Port]

Today's "Amended 13g/a" is a mix of voting rights from groups who own percentages of shares. News from days ago was Cipher appearing at Needham conference on Jan 14, or some such thing.
With SP now breaking $4, the FUD reaches new depths. I read Bitfury was making new, faster software, but no doubt this will be a software race by all to outpace competition.
I just want Cipher to show some awareness that their SP has reached beyond crisis point. So far they are blank stubs of management.

[77Port]

Yesterday's hearing before US house of reps met with bitcoin related CEOs. Bitfury was one of the groups in the room.
Bitfury remains involved, fingering the wind to see which way the wind blows.

[IPO$]

Cipher 10-Q filed today. $320mm in assets and almost debt free. No revenues yet. They operate in the Bitcoin mining ecosystem with plans to develop and grow a cryptocurrency mining business, specializing in Bitcoin. As a stand-alone, U.S.-based cryptocurrency mining business, the Company plans to begin its initial buildout phase with a set-up of cryptocurrency mining facilities (or sites) in at least four cities in the United States (three in Texas and one in Ohio).

[77Port]

Right. Thanks for the reminder. I still think they're resting on laurals with their pants down. No movement, no statements and no plans for us to ponder. Does it mean they have no thoughts at all?

[donfig47]

This is no longer a spac.

[77Port]

This group seems to have been caught with their pants down. I had thought more of Bitfury which is why I bought in. Perhaps they've been out of the game too long, resting on their laurels, forgetting how to play the real game of competition. Either they get their act together or they're gonna get sued. Can spacs be sued?

[Katloose]

Such a garbage stock

[TrendTrade2016]

cifr HERES THE BOOM BOOM!!

[TrendTrade2016]

CIFR bitcoin beast....wowza

[TrendTrade2016]

CIFR bitcoin miner monster!!!

[LoveItInBishop]

Yup

[TheFinalCD]

CIFR looks like $8 break imminent here