Cipher Mining Inc. (NASDAQ: CIFR) has announced a preliminary agreement with ENGIE North America to secure a power supply for its Texas data center. Under the proposed agreement, Cipher will purchase up to 300 megawatts of clean energy from one of ENGIE's wind facilities. This strategic collaboration aims to utilize renewable energy to power the data center, helping to alleviate transmission congestion in Texas and enhance grid stability. The partnership underscores ENGIE's commitment to innovative renewable energy solutions and Cipher's dedication to sustainable operations.
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