Cipher Mining expands its mining business with the addition of 3.4 EH/s of computing power at the Black Pearl site.

Gate News bot message, Nasdaq-listed company Cipher Mining recently announced that the first phase of deployment at its Black Pearl site has been completed, adding approximately 3.4 EH/s of self-owned Mining Computing Power. It is reported that Cipher Mining currently has a total self-owned Computing Power of about 16.8 EH/s and plans to further expand to 23.1 EH/s.

Data shows that Cipher Mining mined approximately 160 Bitcoins in June, sold 58, and as of the end of the month, held a total of 1,063 Bitcoins.