After approaching $40 per petahash per second (PH/s) in hashprice terms, bitcoin’s latest price decline triggered a pullback in hashprice, reducing mining …
Revenue
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Scams
Gemini Stock Jumps on Revenue Rise, $100M Bitcoin Investment From Winklevoss Capital
by shayaanby shayaanIn brief Gemini reported Q1 2026 revenue of $50.3 million, up 42% year-over-year. The crypto exchange secured a $100 million strategic investment …
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Scams
Bitcoin Depot Flashes Bankruptcy Warning as ATM Revenue Falls, Regulatory Scrutiny Grows
by shayaanby shayaanIn brief Bitcoin Depot has issued a “going concern” warning, signaling severe uncertainty over its ability to survive the next 12 months. …
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Mining
Keel Infrastructure Sells 269 BTC in 2026 as Revenue Slips and Company Pivots to AI
by shayaanby shayaanKeel Infrastructure, the company formerly known as Bitfarms, reported first-quarter 2026 revenue of $37 million on Thursday, a 23% decline year-over-year, as …
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Mining
Marathon Posts $1.3B Loss as Bitcoin’s 18% Slide Cuts Q1 Revenue by $35M
by shayaanby shayaanKey Takeaways Marathon Holdings posted a $1.3 billion net loss in Q1 2026 due to an 18% drop in average bitcoin prices. …
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Shares in MARA Holdings fell after the bell on Monday as the Bitcoin miner’s first-quarter losses deepened from a year ago and …
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DeFi
Three young DeFi apps return $100M in revenue to token holders in 30 days
by shayaanby shayaanThree of DeFi’s relatively young applications, including Hyperliquid, EdgeX and Pump.fun, have distributed a combined $96.3 million to token holders over the …
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Mining
TeraWulf’s Q1 HPC Revenue Hits $21M, Topping Bitcoin Mining for the First Time
by shayaanby shayaanBitcoin mining firm TeraWulf reported a significant milestone in its first-quarter earnings: revenue from high-performance computing (HPC) leasing reached $21 million, surpassing …
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Scams
TeraWulf’s AI Compute Revenue Outpaces Bitcoin Mining Amid $427 Million Loss
by shayaanby shayaanIn brief Shares in TeraWulf (WULF) fell on the day after the firm reported a $446 million loss in Q1. The firm …
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Mining
TeraWulf generates $21M in HPC lease revenue as AI infrastructure pivot accelerates
by shayaanby shayaanTeraWulf reported its Q1 results earlier today, showing early signs that its shift from Bitcoin mining to AI infrastructure is beginning to …