Cipher Mining Secures $830 Million HPC Hosting Deal with Fluidstack, Expanding Texas Data Center Capacity

Overview

Cipher Mining has signed a 10-year hosting agreement with Fluidstack for 56 MW of additional capacity at its Barber Lake site in Texas. The deal is expected to generate about $830 million in revenue, with potential to reach $2.0 billion with extensions. Google has increased its financial support for Fluidstack's lease obligations. This expansion strengthens Cipher Mining's position in high-performance computing.