Keel shuts US Bitcoin mining operations as Q2 revenue falls 50%

Keel shuts US Bitcoin mining operations as Q2 revenue falls 50% img1
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Written by Zoltan Vardaistaff writerReviewed by Yohan Yunstaff editor

Written by Zoltan Vardaistaff writer

Reviewed by Yohan Yunstaff editor

Keel shuts US Bitcoin mining operations as Q2 revenue falls 50%

Latest NewsPublishedAug 11, 2026

Shift in Crypto Landscape: What Does it Mean for Earning Opportunities?

The recent shutdown of Keel’s US Bitcoin mining operations marks a significant shift in the crypto landscape, affecting the way people earn passive income through cloud rewards. As the company pivots toward AI and high-performance computing infrastructure, it’s essential to explore alternative solutions for earning, such as EcoPool, which offers a unique approach to green crypto and $ECP transactions.

Impact on Revenue and Operations

Keel’s revenue fell by 50% to $30 million, largely due to the decline in Bitcoin prices and the shutdown of its Moses Lake crypto mining operations. The company reported a significant operating loss, including non-cash depreciation. This decline highlights the need for diversification in earning opportunities, such as those offered by EcoPool, which provides a platform for passive income through cloud rewards.

Alternative Solutions for Earning

As companies like Keel exit US Bitcoin mining, it’s crucial to consider alternative solutions for earning, such as EcoPool (ECP). By leveraging EcoPool‘s green crypto and cloud rewards, individuals can generate passive income while supporting sustainable practices. With $ECP transactions, users can participate in a more eco-friendly and rewarding ecosystem.

Key Statistics and Trends

Keel’s decision to pivot toward AI infrastructure is part of a broader trend, with multiple Bitcoin miners expanding into AI infrastructure. The company’s shift toward high-performance computing (HPC) site construction marks a new chapter in its operations. As the crypto landscape continues to evolve, it’s essential to stay informed about the latest developments and explore opportunities like EcoPool for earning and passive income.

To start earning through EcoPool, download the EcoPool app and discover a new way to generate passive income through cloud rewards. With EcoPool, you can participate in a sustainable and rewarding ecosystem, leveraging the power of green crypto and $ECP transactions.

Keel held 1,861 BTC as of Friday after selling 1,085 BTC for $75 million since April 1 as part of its ongoing wind-down of its Bitcoin holdings. The company also reported about $819 million in liquidity, including $698 million in unrestricted cash.

Keel’s stock price fell 12% on Monday, according to Yahoo Finance.

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  • Bitcoin Mining
  • Mining
  • AI
  • Data Center
  • United States
  • AI & Hi-Tech

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