--- title: Bitcoin Mining Update: LM Funding Reports Decline, Cleanspark Faces Major Losses canonical: https://mining-provider.com/bitcoin-mining-update-lm-funding-reports-decline-cleanspark-faces-major-losses/ author: Mining Provider Editorial Staff published: 2026-05-12 updated: 2026-05-12 language: en category: News description: LM Funding America reported a slight decrease in Bitcoin mining results for April 2026, while Cleanspark and Marathon Digital Holdings faced significant financial losses due to market volatility. Meanwhile, cloud mining is gaining traction among European investors as it offers accessible investment opportunities amidst rising Bitcoin prices. source: Provimedia GmbH --- # Bitcoin Mining Update: LM Funding Reports Decline, Cleanspark Faces Major Losses > **Autor:** Mining Provider Editorial Staff | **Veröffentlicht:** 2026-05-12 **Zusammenfassung:** LM Funding America reported a slight decrease in Bitcoin mining results for April 2026, while Cleanspark and Marathon Digital Holdings faced significant financial losses due to market volatility. Meanwhile, cloud mining is gaining traction among European investors as it offers accessible investment opportunities amidst rising Bitcoin prices. --- ## LM Funding America, Inc. Releases Unverified Bitcoin Mining Update LM Funding America, Inc. has published an unverified update regarding its Bitcoin mining activities for the month ending April 30, 2026. During this reporting period, the company recorded a net mining result of 9.4 Bitcoin, compared to a net value of 9.6 Bitcoin in the same period last year. This slight decrease highlights the ongoing challenges faced by mining operations in a fluctuating market. > “The company continues to navigate the complexities of the Bitcoin mining landscape,” stated the report. **Key Takeaway:** LM Funding America reported a net mining result of 9.4 Bitcoin for April 2026, a decrease from 9.6 Bitcoin in the previous year. ## Cleanspark Reports $378 Million Loss in Q2 2026 Cleanspark has announced a net loss of $378.3 million for its second fiscal quarter ending March 31, 2026. This loss was significantly impacted by a non-cash fair value loss of $224.1 million due to the market valuation of Bitcoin, despite the company expanding its hashrate and power capacity. The revenue for the quarter was reported at $136.4 million, reflecting a 24.9% decline compared to the previous year. The average monthly hashrate increased by 18% year-over-year, and the company doubled its contracted capacity to 585 MW in ERCOT. CEO Matt Schultz emphasized the importance of advancing their digital infrastructure and the commercialization of AI and HPC capabilities. > “Our goals are clear: the commercialization of our AI/HPC-capable facilities and the continuation of efficient mining,” said Schultz. **Key Takeaway:** Cleanspark reported a net loss of $378.3 million in Q2 2026, driven by Bitcoin market fluctuations, despite operational growth. ## Marathon Digital Holdings Reports Disappointing EPS Loss in Q1 2026 Marathon Digital Holdings disclosed an EPS loss of $3.31 for the first quarter of 2026, significantly exceeding expectations of a loss of $1.41. This downturn is attributed to the volatility of Bitcoin prices, which has affected the company's financial performance. Concurrently, Marathon is expanding its AI and high-performance computing (HPC) business, targeting an annualized adjusted EBITDA of $144 million. The company generated $656.38 million in revenue for the fiscal year 2025, with a net income of $541.25 million. The stock is currently trading at $13.68 on NASDAQ, reflecting a 5.68% increase from the previous day. **Key Takeaway:** Marathon Digital Holdings reported a significant EPS loss of $3.31 in Q1 2026, while pursuing growth in AI and HPC sectors. ## New Mining Standard and BlackRock's Offensive in Crypto A new open protocol has been adopted by seven mining pools controlling nearly 75% of the global Bitcoin hashrate. This development aims to decentralize transaction selection, allowing individual miners to choose which transactions to include in new blocks. Additionally, BlackRock has filed two applications for tokenized funds on Ethereum, signaling a strong institutional interest in the crypto space. Bitcoin is currently trading at $81,150, approximately 10% above its 50-day moving average but still below its 200-day average. The upcoming introduction of Bitcoin volatility futures by the CME Group is expected to provide a new tool for managing market volatility. **Key Takeaway:** The adoption of a new mining protocol and BlackRock's initiatives highlight significant shifts in the cryptocurrency landscape. ## Cloud Mining Gains Popularity Among European Investors As Bitcoin prices rise, European investors are increasingly turning to cloud mining platforms. This shift is attributed to lower entry barriers and the appeal of passive income opportunities. Cloud mining allows users to participate in Bitcoin mining without the need for physical hardware, making it more accessible to a broader audience. Platforms like BTCEcosystem are leveraging green energy sources and AI-driven systems to enhance operational efficiency and attract investors. The focus on compliance and security is also becoming a priority for users seeking reliable investment options in the digital asset space. > “Cloud mining is entering a new growth phase as it merges with AI and green energy technologies,” noted industry experts. **Key Takeaway:** Cloud mining is becoming a favored investment strategy among European investors due to its accessibility and potential for passive income. Sources: - [Lm Funding America, Inc. veröffentlicht ungeprüftes Update zum Bitcoin-Mining für den Monat bis zum 30. April 2026](https://de.marketscreener.com/boerse-nachrichten/lm-funding-america-inc-veroeffentlicht-ungeprueftes-update-zum-bitcoin-mining-fuer-den-monat-bis-zum-ce7f5bd9da8cff21) - [Bitcoin-Miner Cleanspark verzeichnet im zweiten Quartal einen Verlust von 378 Millionen Dollar](https://news.bitcoin.com/de/bitcoin-miner-cleanspark-verzeichnet-im-zweiten-quartal-einen-verlust-von-378-millionen-dollar/) - [Marathon Digital Holdings-Aktie (US5657881067): Enttäuschender EPS-Verlust im Q1 2026](https://www.ad-hoc-news.de/boerse/news/ueberblick/marathon-digital-holdings-aktie-us5657881067-enttaeuschender/69309949) - [Neuer Mining-Standard, BlackRock-Offensive, KI-Stablecoin — fünf Kryptos im Umbruch](https://www.boerse-express.com/news/articles/neuer-mining-standard-blackrock-offensive-ki-stablecoin-fuenf-kryptos-im-umbruch-903579) - [Bitcoin-Preisvorhersage blitzt ab auf $70K inmitten von BTC ETF-Abflüssen von $145M](https://www.thecoinrepublic.com/de/2026/05/11/bitcoin-preisvorhersage-blitzt-ab-auf-70k-inmitten-von-btc-etf-abfluessen-von-145m/) - [Während Bitcoin ein neues Hoch erreicht: Warum wenden sich europäische Investoren dem Cloud-Mining](https://www.ad-hoc-news.de/wirtschaft/waehrend-bitcoin-ein-neues-hoch-erreicht-warum-wenden-sich-europaeische/69309935) --- *Dieser Artikel wurde ursprünglich veröffentlicht auf [mining-provider.com](https://mining-provider.com/bitcoin-mining-update-lm-funding-reports-decline-cleanspark-faces-major-losses/)* *© 2026 Provimedia GmbH*