Tag: industry

NEW YORK, July 02, 2025 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) (“Cipher” or the “Company”) today announced that Phase I of Black Pearl is now delivering ~3.4 EH/s of self-mining capacity, exceeding the Company’s prior guidance of 2.5 EH/s for the second quarter of 2025. Hashrate will continue to increase at the site through the third quarter of 2025 as new mining rigs continue to be delivered in scheduled batches, gradually replacing legacy units. Cipher’s total self-mining hashrate has now reached ~16.8 EH/s, and the Company maintains its expectations to scale to ~23.1 EH/s upon completion of the installation.

The North America plywood market is projected to grow from US$ 16.82 billion in 2024 to US$ 23.37 billion by 2033, exhibiting a CAGR of 3.72%. This expansion is driven by increased government spending, technological advancements, and the demand for eco-friendly building materials. Green certifications and production innovations further boost market share. Significant infrastructural investments and urbanization stimulate plywood usage in residential and commercial sectors. Despite challenges such as volatile raw material prices and trade tariffs, key players like Boise Cascade and Weyerhaeuser Company continue to lead. The U.S., Canada, and Mexico are primary markets, each facing unique growth opportunities and challenges.

EDINBURG, Va., July 02, 2025 (GLOBE NEWSWIRE) -- Glo Fiber, powered by Shenandoah Telecommunications Company (“Shentel”) (Nasdaq: SHEN), has launched their 100% fiber optic broadband service in initial neighborhoods in Hillsboro, Ohio. Construction began earlier this year and is expected to be completed in early 2026, providing over 3,000 homes and businesses with a reliable, future-proof option for high-speed internet service. As construction continues, residents will receive advance notice via mail, and they can check availability or sign up for service at www.glofiber.com/en/local/oh/hillsboro.