Canaan Acquires Cipher Mining’s 49% Stake in Texas Mining Facilities
- Posted on February 24, 2026
- By Cointelegraph
- 4 Views
Canaan Acquires Cipher Mining’s 49% Stake in Texas Mining Facilities

Bitcoin mining hardware maker Canaan purchased Cipher Mining’s 49% interest in three Texas mining projects, gaining access to 120 MW of power capacity.