Cipher Mining Inc. released its unaudited production and operations update for April 2025, reporting the mining of approximately 174 Bitcoin $(BTC.AU)$ during the month. In line with its treasury management strategy, the company sold about 350 BTC, closing April with a balance of around 855 BTC. The update highlighted the deployment of 75,000 mining rigs, achieving a month-end operating hashrate of 13.5 EH/s and fleet efficiency of 18.9 J/TH. Despite a three-day planned shutdown at the Odessa site for maintenance, Cipher maintained solid production levels. The company is set to hold an earnings call on Tuesday, May 6th, to provide further business updates.
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