Tag: power costs

SHANGHAI, June 05, 2026 (GLOBE NEWSWIRE) -- Inside the bustling halls of the 19th SNEC Exhibition, Sigenergy showcased the future of clean energy. Under its defining "AI in All" strategy, the company unveiled a complete portfolio of smart solar-plus-storage solutions, proving how deep artificial intelligence can transform utility grids, commercial spaces, and residential homes into highly synchronized, autonomous energy ecosystems.

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.