Bitcoin mining startup Bitfury merges with a SPAC to create a US-based company called Cipher Mining, raising $595M at a valuation of $2B (Kevin Reynolds/CoinDesk)
Kevin Reynolds / CoinDesk:
Bitcoin mining startup Bitfury merges with a SPAC to create a US-based company called Cipher Mining, raising $595M at a valuation of $2B — The mining SPAC has an expected value of $2 billion. — Cipher Mining Technologies, a newly formed U.S.-based bitcoin mining operation formed …