Google Invests in Bitcoin Mining

[ed]

Google acquires a 5.4% stake in Cipher Mining! The move comes alongside a $3B multi-year Fluidstack agreement, bringing AI-ready HPC clusters to Cipher’s Texas facility.

Cipher’s Barber Lake site could scale up to 500 MW, merging crypto mining and AI infrastructure.

[Rimon Khan]

Google moving into Bitcoin mining + AI infrastructure is HUGE. Cipher just became way more than a mining company.

[EmTeam]

Merging HPC + crypto mining at scale is the future. Cheap energy + AI demand = Cipher’s Barber Lake site could be a goldmine.