Cipher Mining signs 10-year AI hosting agreement, with total revenue potentially reaching $2 billion

Jinse Finance reported that Nasdaq-listed bitcoin mining company Cipher Mining has announced the signing of a 10-year AI high-performance computing (HPC) hosting agreement with Fluidstack. This agreement is expected to bring Cipher Mining approximately $830 million in revenue over the initial 10-year term and includes two five-year renewal options. If the renewal options are exercised, the total transaction revenue could reach around $2 billion.