Top 5 Bitcoin Mining Companies in the World

4. Cipher Mining Inc. (NASDAQ:CIFR)

Market Capitalization as of November 30, 2022: $219.97 million

Cipher Mining Inc. (NASDAQ:CIFR) is an American Bitcoin mining firm that is a relatively younger company since it was set up in 2021. The company is based in New York, New York, United States.

Cipher Mining Inc. (NASDAQ:CIFR) mined 196 Bitcoins during the third quarter of this year, and the firm is aiming to reach a hash rate of 7 EH/s by early 2023. The company also began operations in its Odessa data center in November 2022, with its four data centers aimed to expand capacity to 267 megawatts by early 2023.

Insider Monkey’s third quarter of 2022 survey covering 920 hedge funds revealed that 13 had invested in Cipher Mining Inc. (NASDAQ:CIFR).

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