Cipher Mining Signs Major 10-Year HPC Agreement With Fluidstack - Stock Surges 13%

Cipher Mining Technologies has secured a significant 10-year high-performance computing (HPC) partnership with infrastructure provider Fluidstack. The landmark deal signals substantial growth potential for Cipher's Bitcoin mining operations, driving immediate investor confidence as company shares jumped 13% following the announcement. This long-term strategic alliance strengthens Cipher's position in the competitive cryptocurrency mining sector while optimizing their computational efficiency through Fluidstack's distributed computing infrastructure.