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Google Secures 5.4% Stake in Cipher Mining
1 week ago /
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Author：小编
Google has secured a 5.4% ownership stake in Cipher Mining, a company that operates data centers for cryptocurrency mining. This acquisition was made possible through a high-performance computing hosting agreement that Google entered into with Fluidstack, a startup specializing in AI computing. The transaction is estimated to be worth $1.4 billion. As part of the deal, Cipher Mining will supply 168 megawatts of IT capacity from its Texas facility. Over a span of 10 years, this arrangement is projected to yield $3 billion in revenue.
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