US Bitcoin miner Cipher Mining Q2 net loss of $15 million

US-based publicly traded Bitcoin miner Cipher Mining (ticker: CIFR) reported a net loss of $15 million in the second quarter of 2024, slightly higher than the net loss of $13.2 million in the same period last year. Like many crypto miners after the Bitcoin halving in April, Cipher is expanding its production capacity and hopes to further expand into high-performance computing.