Canaan Acquires Cipher Mining Texas Projects & Mining Rigs | $39.75M Deal
SINGAPORE – In a significant move within the cryptocurrency mining sector, Canaan Inc. Has acquired Cipher Mining Technologies Inc.’s 49% equity interest in a set of West Texas bitcoin mining projects. The deal, valued at approximately $39.75 million, signals a strategic shift for both companies as the crypto landscape evolves and the demand for artificial … Read more