Bitcoin mining startup Bitfury merges with a SPAC to create a US-based company called Cipher Mining, raising $595M at a valuation of $2B (Kevin Reynolds/CoinDesk)

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Kevin Reynolds / CoinDesk:
Bitcoin mining startup Bitfury merges with a SPAC to create a US-based company called Cipher Mining, raising $595M at a valuation of $2B  —  The mining SPAC has an expected value of $2 billion.  —  Cipher Mining Technologies, a newly formed U.S.-based bitcoin mining operation formed …

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