Category: Mining
-

TeraWulf’s AI Revenue Surges 117% but Posts $427M Loss
[ad_1] Bitcoin miner TeraWulf posted a net loss of $427 million in the first quarter of 2026, up from the $61.4 million loss recorded in the same period a year earlier. Total revenue for the quarter came in at $34 million, with high-performance computing (HPC) lease revenue accounting for $21 million, roughly 60% of the…
-

Major Bitcoin Mining Pools Join Stratum V2 Collaborative Organization
[ad_1] Seven major Bitcoin mining pools and companies have joined the Stratum V2 working group to help develop an open standard for communication between mining pool operators and individual miners. AntPool, Block Inc., F2Pool, Foundry, MARA Foundation, SpiderPool and DMND joined the working group to collaborate on the mining-pool communication standard, according to a Stratum…
-

Bitcoin Mining Stocks Sink Friday Yet Still Beat BTC in 2026 Performance
[ad_1] Key Takeaways All ten bitcoin mining stocks tracked fell on May 15, 2026, with Bitdeer dropping the most at 9.59%. Every miner on the list outperformed bitcoin’s negative 11.1% YTD return, led by Hut 8 at 123.16%. IREN Limited’s 12.37% five-day slide signals short-term pressure even as sector YTD gains hold firm. Bitcoin Miner…
-

CleanSpark Posts $378M Fiscal Q2 Loss as Bitcoin Price Drop Bites
[ad_1] Bitcoin miner CleanSpark (CLSK) recorded a net loss of $378.3 million in its fiscal second quarter, more than doubling the $138.8 million loss reported in the same period a year ago, largely due to a sharp drop in Bitcoin’s price. On Monday, the Las Vegas-based miner disclosed the results for the quarter ended March…
-

-

Marathon Posts $1.3B Loss as Bitcoin’s 18% Slide Cuts Q1 Revenue by $35M
[ad_1] Key Takeaways Marathon Holdings posted a $1.3 billion net loss in Q1 2026 due to an 18% drop in average bitcoin prices. The 33% surge in hashrate to 72.2 EH/s reflects intense mining competition and rising overhead costs. Marathon sold $1.5 billion in bitcoin to fund a strategic pivot into AI and retire 30%…
-

-

-

-

Bitcoin Miner Cleanspark Posts $378M Loss in Q2
[ad_1] Key Takeaways Cleanspark posted $136.4M in Q2 FY2026 revenue, a 24.9% year-over-year drop driven by Bitcoin price swings. A $224.1M non-cash Bitcoin fair value loss pushed Cleanspark’s net loss to $378.3M for the March 2026 quarter. CEO Matt Schultz targets AI/HPC commercialization as Cleanspark doubled MW under contract with 585 MW of ERCOT capacity.…