Crypto Mining Firms Ink Multi-Billion Dollar Infrastructure Deals with Amazon and Microsoft

Crypto Mining Firms Ink Multi-Billion Dollar Infrastructure Deals with Amazon and Microsoft

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Cipher Mining has secured a substantial $5.5 billion data center deal with Amazon. In related news, IREN, another prominent mining firm, announced a multi-year GPU cloud services contract worth $9.7 billion with Microsoft, signifying major infrastructure investments and partnerships within the crypto mining industry.

Cipher Mining rockets 32% after $5.5B data center deal with Amazon

Fellow miner IREN also signed a multi-year GPU cloud services contract with Microsoft worth $9.7 billion on Monday.