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Cipher Mining and Fluidstack Enter into a 10-Year AI Hosting Agreement to Deliver 168 MW of IT Load.
Sep 25, 2025•9 months ago
Contract Type
agreement
New YorkBlockchainCryptocurrencyConsultingMiningData Mining
Description
Cipher Mining has signed a significant 10-year agreement with Fluidstack to provide 168 MW of critical IT load at its Barber Lake site in Texas. The agreement is expected to generate approximately $3 billion in revenue and includes options for potential extensions that could increase total revenues to $7 billion. Google is providing financial backing for Fluidstack under this agreement.
Company Information
Company
Cipher Mining
Location
New York, New York, United States
About
Cipher Mining Inc. is an emerging technology company focused on the development and operation of bitcoin mining data centers. The company aims to expand and strengthen the Bitcoin network’s critical infrastructure, and be a market leader in bitcoin mining growth and innovation. With a diversely talented team and strategic partnerships, Cipher is dedicated to advancing bitcoin mining technology and operations.
New YorkBlockchainCryptocurrencyConsultingMiningData Mining