What is Cipher?
Cipher (CPR) is distinguished in the cryptocurrency sector as a utility token representing partial ownership of the company Cipher. Unlike numerous other digital assets, Cipher was not introduced through an ICO or IEO. Instead, tokens are allocated through active participation in the project, nurturing a uniquely community-driven approach. The project began on April 9th, 2018, initially utilizing the Ethereum Blockchain but later transitioning to the Polygon PoS network to improve scalability and efficiency. The team behind Cipher is spread across India, the United Kingdom, and New Zealand, with a focus on developing a transparent, accountable, and secure business environment. This global team is committed to creating business applications that are not only user-friendly but also highly scalable and secure. Cipher's mobile applications aim to provide personalized content, real-time application access, and interactive user experiences. Beyond its utility token, Cipher Mining Inc. is a key player in the bitcoin mining sector, continuously expanding its operations and increasing its hash rate. The company aims to achieve a hash rate of 8.2 EH/s by the end of the year, demonstrating its commitment to growth and innovation. Cipher's business model emphasizes a unified ecosystem without the reliance on traditional fundraising methods. Transactions within this ecosystem are crafted to be efficient, transparent, and easily tradable, aligning with the company's overarching goals of transparency and accountability. Use Eulerpool to track Cipher's performance and trends.














