Cipher Mining soars 32% following $5.5 billion data center agreement with Amazon

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Nov 04 2025

BTC+2.554%

AI-0.837%

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Cipher Mining's Partnership with Amazon: Cipher Mining's stock surged over 32% after announcing a 15-year, $5.5 billion lease agreement with Amazon Web Services to provide space and power for AI workloads, starting in mid-2024.
Financial Performance: The company reported a narrowed net loss of $3 million and increased adjusted earnings of $41 million for Q3, compared to a net loss of $46 million and adjusted earnings of $30 million in the previous quarter.
Expansion into AI Hosting: Cipher Mining is diversifying its income by shifting energy capacity towards AI and high-performance computing (HPC) hosting services, including a majority stake in a one-gigawatt AI hosting site in West Texas.
Growing Tech Partnerships: The trend of tech giants partnering with Bitcoin miners continues, with companies like Google and Microsoft also engaging in significant deals, highlighting the increasing intersection of cryptocurrency mining and technology sectors.

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Technical Analysis for BTC

Technical Sentiment Analysis for Bitcoin (BTC) As of , Bitcoin (BTC) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Bitcoin (BTC) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	36140.792	48070.396	60410.812	72340.416	84680.832	96610.436	108950.852
Fibonacci	48070.396	57341.544	63069.268	72340.416	81611.564	87339.288	96610.436

About BTC

Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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