CleanSpark shares slide after reporting $378M fiscal second quarter loss
CleanSpark posted a $378.3 million net loss in its fiscal second-quarter results, more than double the prior year, with nearly 60% tied to Bitcoin price declines.
Mining News
PoW & Bitcoin mining headlines grouped by the Bitcoin block at each article’s publication time.
Chain tip: Block #956,090
█ Block #949,058
Block mined
█ Block #949,022
Block mined
MARA shares sink on first-quarter revenue miss, $1.3B loss
MARA Holdings says Bitcoin mining remains the company’s “operational foundation” while it moves to expand into AI.
█ Block #949,015
Block mined
Bitcoin funding rates turn positive: Is BTC rally to $85K next?
Bitcoin’s funding rate turned positive as the cryptocurrency held the $80,000 level. Will an uptick in spot ETF inflows trigger a rally to $85,000?
█ Block #948,680
Block mined
Seven major Bitcoin mining pools join Stratum V2, working group
The Stratum V2 working group aims to improve mining-pool communication and give individual miners more control over block templates.
█ Block #948,617
Block mined
TeraWulf doubles AI revenue but posts $427M quarterly loss as mining income declines
TeraWulf’s HPC lease revenue jumped 117% quarter-on-quarter to $21 million, but a $427 million net loss highlights the costs of transitioning from Bitcoin mining to AI infrastructure.