CleanSpark is expected to post a nearly 13% bump in revenue from the previous quarter when it kicks off the earnings season for bitcoin miners after the U.S. close today. 

The company is expected to report a loss of $31.3 million on revenue of $29.5 million for the quarter that ended in December, according to analyst estimates compiled by FactSet. That would be narrower than the $42.3 million loss from the previous period.  The miner posted net income of $14.5 million on revenue of $41.2 million in the same period a year earlier.

CleanSpark will be the first miner to report results for the quarter, which saw the biggest player in the space, Core Scientific, file for bankruptcy and Argo Blockchain sell its flagship facility to Galaxy Digital in order to avoid the same fate.