Cipher Digital reported $5.85 million in revenue from high-performance computing (HPC) data center leases in Q3 2026, marking the first revenue from its shift away from Bitcoin mining. Meanwhile, its mining revenue fell sharply by 71% year over year to $20.8 million, contributing to a total revenue decline from $71.7 million to $26.7 million. Despite this, the company posted a GAAP net profit of $31.6 million, mainly due to a non-cash accounting gain. Cipher holds $16.6 billion in contracted HPC revenue across three campuses, signaling strong long-term growth potential as it transitions from mining to leasing data center capacity for AI workloads.
Cipher Digital's first HPC lease revenue reached $5.85 million in Q3 2026, marking a shift from Bitcoin mining. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Nov 04, 2026 19:02 WIB: out of 50 major cryptocurrencies, 39 rose and 10 fell. Notable movers include AAVE at Rp2.393.503 (+3.00%), EGLD at Rp62.342 (+2.82%), and VET at Rp105 (+2.69%).
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