** Shares of crypto miners Cipher Mining CIFR and CleanSpark 
CLSK rise ~5% premarket
** J.P. Morgan upgrades inventory rankings for each firms to “obese” from “impartial”; raises CIFR’s PT to $18 from $12
** JPM says latest decline in CIFR shares presents good entry level for firm with roughly 600 megawatts of computing capability already contracted to main purchasers corresponding to Amazon Internet Providers (AWS) and Fluidstack, backed by Google 
GOOG
** “We expect Cipher is well-positioned to signal further offers at different authorised websites (e.g. Stingray, 100 MW), which may drive further medium-term upside,” JPM says
** Brokerage says inventory improve on CLSK is to credit score firm for ~200 MW of important computing capability at newly acquired 285 MW website in Texas
** Each firms on common are rated “purchase”, as per information compiled by LSEG
** YTD, CIFR up 205% whereas CLSK rise ~6%
