Amazon, Google Deals Boosted Cipher Mining’s Credibility, Says CEO, But Admits ‘Bias’ Linked To Bitcoin Mining Background
Cipher Mining Inc. (NASDAQ:CIFR) CEO Tyler Page shed light Monday on the substantial benefits the company has reaped from its big-ticket deals with Amazon.com Inc. (NASDAQ:AMZN) and Fluidstack.
CEO Acknowledges Bitcoin ‘Bias’
During the company’s third-quarter earnings call, Page was asked about the effect these partnerships have had on the company’s image and credibility.
He pointed out that these collaborations have dispelled previous doubts regarding a former Bitcoin (CRYPTO: BTC) miner’s capacity to “attract” traditional hyperscalers.
“I cannot tell you how many times we heard, ‘No one’s ever going to sign at those sites. No one’s ever going to sign with a former Bitcoin miner.’ That discussion is now over,” the CEO said.
He added that a “traditional bias” exists against Bitcoin, but that seems to be changing.
“I think every deal adds credibility …
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