Tag: Compass

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Coinbase Partners with D.C. Cafe Chain Compass Coffee

Coinbase Partners with D.C. Cafe Chain Compass Coffee

Timothy St John is a seasoned financial analyst and writer, catering to the dynamic landscapes of the US and European markets. Boasting over a decade [...]
‘Bad batch’ or flawed design? Compass Mining flags problems with new ASIC miners

‘Bad batch’ or flawed design? Compass Mining flags problems with new ASIC miners

Bitcoin mining company Compass Mining claims to have found “three issues” in the ASIC design of the two new Antminer S19 miners, units that are primar [...]
Compass Mining sued for losing Bitcoin mining machines bought by customers

Compass Mining sued for losing Bitcoin mining machines bought by customers

Customers are suing Compass Mining for over $2 million, alleging fraud, after the company cut ties with Russian hosting company Bit River and failed t [...]
Compass Mining Wins $1.5M in Lawsuit Against Hosting Firm

Compass Mining Wins $1.5M in Lawsuit Against Hosting Firm

The mining services broker won a June case against Dynamics Mining. www.coindesk.com [...]
Compass Mining Launches Bitcoin Miner Protection Plan

Compass Mining Launches Bitcoin Miner Protection Plan

The plan is initially available to customers hosted in Texas, South Carolina, Nebraska and Oklahoma. www.coindesk.com [...]
Bitcoin Miner Iris Energy Defended at Compass Point After Equipment Financing Woes

Bitcoin Miner Iris Energy Defended at Compass Point After Equipment Financing Woes

Iris Energy said this week that some of its mining equipment aren't producing enough cash to meet its financing obligations. www.coindesk.com [...]
Bitcoin Miner Compass to Host 27MW Worth of Mining Rigs at Solar-Powered Startup

Bitcoin Miner Compass to Host 27MW Worth of Mining Rigs at Solar-Powered Startup

Compass will host about 9,000 Antminer S19 XP and S19j Pro units at the facility on behalf of its clients starting in the fourth quarter of this year, [...]
A Compass Through Crypto Turbulence: Demand-Side Models

A Compass Through Crypto Turbulence: Demand-Side Models

A Compass Through Crypto Turbulence: Demand-Side Models www.coindesk.com [...]
Bitcoin Miner Iris Rises as Compass Point Upgrades on Potential Boost in Hash Rate

Bitcoin Miner Iris Rises as Compass Point Upgrades on Potential Boost in Hash Rate

Analyst Chase White said in a note to clients that IREN has potential to boost its contracted hash rate – and thus increase its bitcoin production – [...]
Bitcoin Mining Middleman Compass’ Georgia Facilities to Close as Energy Prices Soar

Bitcoin Mining Middleman Compass’ Georgia Facilities to Close as Energy Prices Soar

The Texas facility has experienced troubles of its own. Its connection to the electricity grid was delayed so had to run on generators for a while. Th [...]
After Countless Bungles, Compass Mining Tries to Change Its Course

After Countless Bungles, Compass Mining Tries to Change Its Course

One way that Compass did that was to sell bundles of rigs, averaging a predetermined amount of hashing power, which would be gradually going online ov [...]
Compass Mining to add 25,000 ASIC miners just weeks after staff cuts

Compass Mining to add 25,000 ASIC miners just weeks after staff cuts

Mere weeks after announcing staff lay-offs and salary cuts, Compass Mining has unveiled expansion plans in the form of a 75 megawatt (MW) hosting part [...]
Compass Mining Teams Up With Compute North for 75MW Site in Texas

Compass Mining Teams Up With Compute North for 75MW Site in Texas

Compass Mining plans to deploy 25,000 ASICs to the new data center in Texas www.coindesk.com [...]
Compass Mining retrenches 15% of staff, execs to take major pay-cuts

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-cut [...]
Compass Mining Cuts 15% of Staff, Lowers Executive Compensation

Compass Mining Cuts 15% of Staff, Lowers Executive Compensation

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