Compass Mining Teams Up With Compute North for 75MW Site in Texas
The troubled bitcoin mining hosting firm recently laid off 15% of its staff. Original Source
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Compass
Compass Mining retrenches 15% of staff, execs to take major pay-cuts
Ongoing strife in the cryptocurrency space has forced Compass Mining to lay off 15% of its employees while top executives and staff take major pay-cuts.The firm announced its decision to downscale its workforce in a bid to weather difficult market conditions, just a week after the resignation of CEO Whit
Read MoreCompass Mining Cuts 15% of Staff, Lowers Executive Compensation
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Compass Mining CEO and CFO Resign Amid ‘Setbacks and Disappointments’
"Compass Mining was created to make mining easy and accessible," said the statement. "The company recognizes that there have been multiple setbacks and disappointments that have detracted from that objective. Through this restructuring, the company is wholly focused on regaining the goodwill of the company’s stakeholders and the community, as
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Compass Mining loses facility after allegedly failing to pay power bill
Bitcoin (BTC) mining hardware and hosting company Compass Mining has lost one of its Maine-based hosting facilities after the owner, Dynamics Mining, terminated the hosting agreement between the two, claiming Compass failed to pay the required bills.Dynamics posted on Twitter late on June 26 a letter it sent to Compass
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Voyager Digital Downgraded by Compass Point on Concerns Over Crypto Markets, Retail Investing
Shares of crypto broker Voyager Digital were downgraded to neutral from buy by boutique investment firm Compass Point, which cited headwinds across the crypto industry and which questioned how the trading platform's retail investors will fare during the market rout. Original Source
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Compass to Sell $30 Million in Crypto Mining Equipment Located in Russia – Mining Bitcoin News
The U.S.-based company Compass Mining plans to sell $30 million worth of bitcoin mining equipment that’s currently located in Siberia. The decision to sell the mining rigs follows the U.S. government sanctioning the bitcoin mining operation Bitriver and ten subsidiaries. Compass is hoping to offload 12 megawatts of capacity, according
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The Hashrate Migration and Bitcoin’s Resilience, With Compass CEO Whit Gibbs
This episode is sponsored by NYDIG.Download this episodeWelcome to “The Breakdown’s” “End of Year Extravaganza.” First up, Whit Gibbs, CEO of Compass Mining.Find our guest on TwitterSee also: Paraguay’s Senate Approves Proposal Regulating Crypto Mining and Trading“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing
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“The United States Is Already Mining” Bitcoin… “Maybe,” Says Compass Mining CEO
Does the Compass Mining CEO know something we don’t? Is The United States mining Bitcoin? Whit Gibbs was a guest in a recent episode of Anthony Pompliano’s “The Best Business Show” and spilled the beans… or did he? The host cleverly disguised his question by talking about other countries following
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Compass Mining Launches Resale Market for Bitcoin Mining Equipment
“When Compass Mining started, we knew we wanted miners to have control over the entire process and Compass Marketplace gives our users the autonomy to resell bitcoin mining equipment when they want, and for how much they want,” Compass CEO Whit Gibbs said in a statement on Tuesday. Source
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