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Alborz signs $46.9 million two-year credit facility with BlockFi
Chicago, May 6 – Alborz LLC, a joint venture of Cipher Mining Inc., has signed a two-year $46.9 million secured credit facility with BlockFi Lending LLC, according to a press release.
Proceeds will finance Bitmain S19J Pro mining rigs at the Alborz data center.
Cipher is an industrial-scale Bitcoin mining company based in New York.
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