Cipher Mining invests to acquire a 200 MW power plant in Ohio, steering its data center business onto a new track.

【Coin World】Cipher Mining has made new moves in its infrastructure layout. Recently, they acquired a 200-megawatt power plant in Ohio, officially expanding their business territory from Texas to the Midwest. The goal behind this is clear - to target the PJM wholesale electricity market and pave the way for high-performance computing and data center operations.

In simple terms, this is preparing for the next phase of computing power demand. According to the plan, this facility will not officially go into operation until the end of 2027. Although the timeline is a bit far off, it is enough to show the company's emphasis on the energy supply chain. As the demand for crypto computing continues to grow, a stable and low-cost power supply has become a key competitive factor. This layout on the energy side is essentially establishing long-term competitive barriers.