Cipher mining provides fourth quarter and full year 2023 business update

Fourth quarter gaap earnings of $10.6m and non-gaap earnings of $27.8m full year 2023 revenues of $126.8m increased hash rate to 7.4 eh/s in first quarter 2024 and on track to reach 9.3 eh/s by end of third quarter 2024, with potential to grow to 25 eh/s by the end of 2025 new york, march 05, 2024 (globe newswire) -- cipher mining inc. (nasdaq: cifr) ("cipher" or the "company") today announced results for its fourth quarter and full year ended december 31, 2023, with an update on its operations and deployment strategy. "we are delighted to announce our fourth quarter 2023 results, which reflect our first full quarter in which all four of our data centers were operating at full capacity.
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