Initial HPC rent revenue Q3
Company: Cipher Mining
The claim, verbatim
Initial HPC rent of $5.9 million in Q3 replaced only part of lost mining revenue; bitcoin-mining revenue fell 71%.
Source (primary)
Cipher Mining (NASDAQ:CIFR) Stock Price Target Lowered at JPMorgan Chase & Co. - MarketBeat (-, news_article)
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Quote: “Bitcoin-mining revenue fell 71%, while initial HPC rent of $5.9 million replaced only part of the lost mining revenue”
How we checked this
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Additional evidence
confirms Cipher Mining (NASDAQ:CIFR) Stock Price Target Lowered at JPMorgan Chase & Co. - MarketBeat
Quote: “Bitcoin-mining revenue fell 71%, while initial HPC rent of $5.9 million replaced only part of the lost mining revenue”