Google to Invest in Public Bitcoin Miner Cipher Mining
The post Google to Invest in Public Bitcoin Miner Cipher Mining appeared first on Coinpedia Fintech News
Google, valued at $2 trillion, is investing in publicly listed Bitcoin miner Cipher Mining. As part of a 10-year agreement with AI cloud platform Fluidstack, Google will receive a 5.4% stake in Cipher and backstop $1.4 billion in lease obligations. Cipher will deliver 168 MW of AI computing power from its Texas site, generating about $3 billion in contract revenue over the first decade. The deal marks a strategic shift merging crypto mining with AI infrastructure.
Will Institutional Demand Drive XRP Crypto Higher in 2025?
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Top Crypto Headlines Hide the Fact That an Altcoin Is Quietly Outperforming Majors by 15x
The post Top Crypto Headlines Hide the Fact That an Altcoin Is Quietly Outperforming Majors by 15x a...
Sol Strategies Crash Puts Solana (SOL) Price Under Heavy Pressure—What’s Next?
The post Sol Strategies Crash Puts Solana (SOL) Price Under Heavy Pressure—What’s Next? appeared fir...