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Bitcoin miners disclose AI data centre cost risks as Cipher absorbs $359m overrun

NewsFeeds update

Cipher said it will bear the first $359m of cost overruns at its Barber Lake project beyond the original budget under revised lease terms, while Riot expects about 70% of its Rockdale budget to sit under guaranteed maximum price contracts. Core Scientific said tariffs have raised some equipment and material costs.

MiningChainCatcherAIBearish

Read the original on ChainCatcher

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.