Cipher Mining Inc
NASDAQ:CIFR
Net Margin
Cipher Mining Inc
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| US |
|
Cipher Mining Inc
NASDAQ:CIFR
|
782.2m USD |
-30%
|
|
| US |
|
Ezenia! Inc
OTC:EZEN
|
567B USD |
-130%
|
|
| DE |
|
SAP SE
XETRA:SAP
|
258.3B EUR |
9%
|
|
| US |
|
Salesforce Inc
NYSE:CRM
|
233.7B USD |
16%
|
|
| US |
|
Palantir Technologies Inc
NYSE:PLTR
|
177.3B USD |
16%
|
|
| US |
|
Intuit Inc
NASDAQ:INTU
|
155.6B USD |
18%
|
|
| US |
|
Adobe Inc
NASDAQ:ADBE
|
150B USD |
31%
|
|
| US |
N
|
NCR Corp
LSE:0K45
|
110.8B USD |
33%
|
|
| US |
|
Applovin Corp
NASDAQ:APP
|
79B USD |
33%
|
|
| US |
|
Microstrategy Inc
NASDAQ:MSTR
|
65.9B USD |
-252%
|
|
| CA |
|
Constellation Software Inc
TSX:CSU
|
92.1B CAD |
7%
|
Cipher Mining Inc
Glance View
Cipher Mining Inc., a young frontrunner in the evolving blockchain sphere, embraces the digital frontier with a focus on Bitcoin mining. Born from a merger with Good Works Acquisition Corp., Cipher positions itself as a pivotal player harnessing the power of cryptography and massive computational operations. At the heart of its business model is the operation of cutting-edge data centers dedicated to solving complex algorithms on the Bitcoin network. By successfully solving these cryptographic puzzles, Cipher earns freshly minted bitcoins as block rewards, essentially creating new currency, while also processing and validating transactions on the blockchain. Strategically, Cipher Mining situates its operations predominantly in areas where electricity is both affordable and sustainable. This emphasis on economical and green energy sources is vital since powering the high-performance computing equipment is one of the largest cost drivers in this business. As cryptocurrency prices fluctuate, Cipher’s revenue grows not just from newly mined bitcoins but also from transaction fees associated with blocks it helps process. Thus, Cipher’s profitability is intricately linked to both the efficiency of its operations and the broader dynamics of the cryptocurrency market, tying its fortunes to the volatile value and the continued adoption of Bitcoin.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on Cipher Mining Inc's most recent financial statements, the company has Net Margin of -29.5%.
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