MARA Holdings, the largest publicly traded Bitcoin miner, reported a net loss of over $611 million for the second quarter of 2026, as revenue fell 27%, the company said in a shareholder letter released August 6. The quarter shows a widening gap between MARA’s growing computing capacity and the falling value of the Bitcoin on […]
Bitcoin mining has long become a massive business niche in which the individual miner has been sidelined, but there are occasional exceptions. A single miner managed to mine block number 960804, which secured them the 3.125 BTC prize, worth roughly $200,000 at today’s prices. Pseudonymous software developer at CKPool, Dr -ck, was among the first to […]
Singapore-based Bitcoin mining company Poolin on July 22 filed for Chapter 11 bankruptcy protection in New Jersey, alongside its US affiliates Lonestar Dream Inc. and Lonestar Taproot LLC. The firm is also looking for court approval for a $52 million sale of its Texas mining properties. The bankruptcy filing comes nearly four years after Poolin froze […]
Bitcoin miners are facing growing financial strain as falling prices and shrinking revenue push several key industry indicators into what analyst Axel Adler Jr. has described as a “stress zone.” But while the pressure is building, the data suggests that the market has not yet reached the collapse-level extremes seen in 2018 or 2022. What […]
American Bitcoin (ABTC), the Trump family-backed BTC company, released its Q1 2026 financial results earlier in the week, and they showed a nearly $82 million net loss for the period. This was despite the firm mining a record 817 BTC. Mining Output Goes Up, But BTC Price Drop Hits Earnings Per documents it filed with […]
The current hash price environment is squeezing Bitcoin miners’ profitability. CoinShares estimates that 15-20% of the global mining fleet is operating at a loss at the current hash price of $28-30 per PH/day. In Q4 2025, Bitcoin fell nearly 31%, from an early-October all-time high of almost $126,000 to around $86,000 by late December, while […]
American Bitcoin (ABTC) is expanding its Bitcoin mining operations by purchasing 11,298 new ASIC equipment. The acquisition is expected to increase the company’s total capacity by 12%, supporting its strategy of accumulating BTC through mining operations. The 12% Capacity Expansion ABTC said in a March 3 press release that the new miners will add 3.05 […]
In a bid to calm investor nerves after confirming that it has sold all of its Bitcoin holdings, Bitdeer Technologies framed the move as a deliberate liquidity decision rather than a bearish signal on the asset itself. In a recent statement, the Singapore-based miner stated that converting newly mined Bitcoin into cash is a pragmatic […]
Bitcoin miners have moved more than 36,000 BTC from exchanges since the beginning of February. The volume stands out when measured against earlier months and points to a change in how they are managing their holdings. Miner Activity in February A CryptoQuant report indicates that roughly 36,000 BTC were transferred from trading platforms within a […]
Bitcoin miners have sent more than 90,000 BTC to Binance since early February, pushing miner exchange inflows to their highest level since 2024, according to on-chain data shared by Arab Chain. The rise in deposits comes during a period of heavy price swings and stressed investor sentiment, adding to short-term sell-side pressure even as other […]