Cipher Digital, a mining company, has reported its first earnings from high-performance computing (HPC) infrastructure rentals, generating $5.9 million in the third quarter. The company's total revenue stood at $26.7 million, marking a 63% decline compared to the previous year. Bitcoin mining revenues plummeted from $71.7 million to $20.8 million. In response to market changes, Cipher Digital is expanding its AI data center portfolio, with contracted capacity reaching 700 MW. The projected revenue from long-term contracts is estimated at $16.6 billion.