According to The Block, Bitcoin miner Mara Holdings (MARA)'s Q2 revenue was $174.9 million, a 27% decrease year-over-year, while CleanSpark (CLSK)'s fiscal Q3 revenue decreased by 30.5% to $138 million. Mara Holdings recorded a net loss of $611.3 million due to factors such as digital asset impairment losses, and CleanSpark also reported a net loss of $239.8 million. In this regard, The Block explained, "As mining profitability deteriorates, both companies are continuing to expand their high-performance computing (HPC) and artificial intelligence (AI) infrastructure businesses."
