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Business / General

Bitcoin miner Cipher posts $31 million profit as AI pivot begins

Source: coinDesk November 2, 2026 · 21:29
Bitcoin miner Cipher posts $31 million profit as AI pivot begins
From the publisher
The company's revenue dropped 63% in the third quarter, while a $127 million accounting gain helped turn an operating loss into a reported profit.
About the source

CoinDesk

CoinDesk is an American news site specializing in bitcoin and digital currencies. Founded by Shakil Khan, the firm also provides guides to bitcoin for those new to digital currencies.

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