Compass Mining


Finance

Compass Mining Cuts 15% of Staff, Lowers Executive Compensation

The bitcoin mining company said it's reassessing its priorities after growing too quickly.

Compass Mining sign at Bitcoin Miami 2022 (Danny Nelson/CoinDesk)

Videos

Two Compass Mining Execs Resign Amid ‘Setbacks and Disappointments’

Compass Mining (CMP) CEO Whit Gibbs and Chief Financial Officer Jodie Fisher have resigned as the company’s board aims to restructure amid recent “setbacks” following the loss of a facility in Maine.

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Videos

Arcane Research Analyst on the Winners and Losers of the Bear Market

Following the news of Compass Mining losing their Maine facility after allegedly failing to pay power bills, Arcane Research Analyst Jaran Mellerud discusses the pressures crypto miners face during the market downturn. Mellerud explains through his charts why mining firms like Argo, Riot and Core could come out strong while Marathon Digital may face troubles.

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Videos

Report: Compass Mining Loses Maine Facility

Bitcoin mining hardware and hosting company has reportedly lost one of its hosting facilities in Maine after allegedly failing to pay the power bills. “The Hash” group discusses the significance of this news within the context of the bear market and what could happen to retail miners who are hosted by Compass Mining.

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Videos

Compass Mining: Bringing Bitcoin Mining to the Masses

In this segment of “Crypto Gadgets & Gear,” live from Consensus 2022 in Austin, host Jenn Sanasie sits down with Jameson Nunney of Compass Mining who brought mining equipment to the CoinDesk TV set. Compass Mining makes carbon-zero bitcoin mining hardware they say is designed to make mining hassle-free.

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Videos

Touzi Capital CEO on BTC Mining, DeFi Yields, Environmental Concerns

Touzi Capital Founder & CEO Eng Taing discusses retail bitcoin mining, sharing insights into his company’s work with Compass Mining. Taing explains the energy efficiency of new mining technology, his investment strategy in decentralized finance (DeFi) and the crypto mining landscape in other countries like Venezuela. Plus, a conversation on the environmental concerns of proof-of-work mining. 

Recent Videos

Videos

Compass Mining CEO on Launching Resale Market for Bitcoin Mining Equipment

Compass Mining, the bitcoin mining service provider, has launched a secondary resale market for retail mining customers to sell their bitcoin mining hardware. CEO Whit Gibbs shares insights into the launch and the impact of increasing hashrate on his business.

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Videos

Could Crypto Bridge the Financial Gap for Native Americans?

William Foxley, Editorial Director at Compass Mining explains his latest short documentary detailing bitcoin mining in the indigenous Navajo Nation. The indigenous people there are building bitcoin mines using renewable energy in an effort to bring about prosperity and much-needed development for the area. Could crypto help bridge the gap? Watch the full video report here: https://t.co/Bch8WVvOl1?amp=1

Recent Videos

Videos

Compass Mining CEO on the Launch of ‘At-Home’ Mining

Whit Gibbs, CEO of bitcoin mining firm Compass Mining, shares insights into the launch of the “At-Home” mining program. He also addresses increasing mining difficulty, saying, “we likely will see this continuation of difficulty in hashrate increases for the foreseeable future.”

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Finance

Want to Build a Bitcoin Mining Rig? Compass Mining Now Sells Single ASICs.

Single application-specific integrated circuit (ASIC) bitcoin mining rigs can now be purchased individually, rather than in bulk.

An Antminer bitcoin mining machine pictured in 2018. (Carlos Becerra/Bloomberg via Getty Images)

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