Bitcoin miner Cipher posts $31 million profit as AI pivot begins

T1Covered by 1 source · first reported by CoinDesk at 03 Nov, 05:29 UTC

The company's revenue dropped 63% in the third quarter, while a $127 million accounting gain helped turn an operating loss into a reported profit.

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Sources

• T1Bitcoin miner Cipher posts $31 million profit as AI pivot beginsCoinDesk03 Nov, 05:29