The post Crypto mining meets AI – Cipher ‘ahead of the curve’ with $5.5B AWS deal appeared on BitcoinEthereumNews.com. Key Takeaways How much capacity will Cipher deliver under the AWS agreement? The company will deliver 300 megawatts of capacity, with both air and liquid cooling systems, starting in July 2026. What other major project did Cipher announce? Cipher unveiled a joint venture to develop a 1-gigawatt (GW) site in West Texas, named “Colchis.” Cipher Mining Inc. has unveiled a game-changing move in its latest Q3 2025 financial report, and that is a $5.5 billion, 15-year lease deal with Amazon Web Services (AWS) to supply high-performance infrastructure for AI workloads. It goes to show how Cipher Mining is rapidly expanding beyond Bitcoin [BTC] mining, positioning itself as a key infrastructure player in AI and high-performance computing (HPC). Cipher Mining’s AI deal with AWS Under the deal, Cipher will deliver 300 megawatts of capacity, equipped with both air and liquid cooling systems, in two phases beginning July 2026 and concluding by year-end. That said, the rent payments under the agreement are set to start in August 2026. Needless to say, Tyler Page, Cipher’s CEO, didn’t shy away from expressing himself when he noted,  “The third quarter was truly transformative for Cipher. We executed a pivotal transaction with Fluidstack and Google, which firmly established our credibility in the HPC space. We are now following that transaction with another major step forward by signing our first direct lease with a Tier 1 hyperscaler.” Cipher’s joint venture in West Texas Alongside its AWS partnership, the company also announced a joint venture to develop a 1-gigawatt (GW) site in West Texas, called “Colchis.” In this partnership, Cipher will fund most of the project, securing around 95% equity ownership. The 620-acre Colchis site includes a 1-GW Direct Connect Agreement with American Electric Power (AEP), which will build a dual interconnection facility targeting energization in 2028. AEP… The post Crypto mining meets AI – Cipher ‘ahead of the curve’ with $5.5B AWS deal appeared on BitcoinEthereumNews.com. Key Takeaways How much capacity will Cipher deliver under the AWS agreement? The company will deliver 300 megawatts of capacity, with both air and liquid cooling systems, starting in July 2026. What other major project did Cipher announce? Cipher unveiled a joint venture to develop a 1-gigawatt (GW) site in West Texas, named “Colchis.” Cipher Mining Inc. has unveiled a game-changing move in its latest Q3 2025 financial report, and that is a $5.5 billion, 15-year lease deal with Amazon Web Services (AWS) to supply high-performance infrastructure for AI workloads. It goes to show how Cipher Mining is rapidly expanding beyond Bitcoin [BTC] mining, positioning itself as a key infrastructure player in AI and high-performance computing (HPC). Cipher Mining’s AI deal with AWS Under the deal, Cipher will deliver 300 megawatts of capacity, equipped with both air and liquid cooling systems, in two phases beginning July 2026 and concluding by year-end. That said, the rent payments under the agreement are set to start in August 2026. Needless to say, Tyler Page, Cipher’s CEO, didn’t shy away from expressing himself when he noted,  “The third quarter was truly transformative for Cipher. We executed a pivotal transaction with Fluidstack and Google, which firmly established our credibility in the HPC space. We are now following that transaction with another major step forward by signing our first direct lease with a Tier 1 hyperscaler.” Cipher’s joint venture in West Texas Alongside its AWS partnership, the company also announced a joint venture to develop a 1-gigawatt (GW) site in West Texas, called “Colchis.” In this partnership, Cipher will fund most of the project, securing around 95% equity ownership. The 620-acre Colchis site includes a 1-GW Direct Connect Agreement with American Electric Power (AEP), which will build a dual interconnection facility targeting energization in 2028. AEP…