Bitcoin mining data centers company Cipher Mining ( NASDAQ: CIFR ) has entered into a purchase agreement with computing solutions provider Canaan ( NASDAQ: CAN ) for 11,000 mining machines, the two companies said on Tuesday. The new A1346 model mining machines will be delivered by Canaan in Q3. The machines will be used at Cipher's Odessa, Texas facility. With the purchase, Cipher will have a deployed fleet of more than 70,000 mining machines and 7.2 EH/s of self-mining capacity across its portfolio. Source: Press Release
