Tag: compass mining

Oct 14 2021

Making Bitcoin Mining Accessible

Discussing Bitcoin mining accessibility for the masses with Whit Gibbs of Compass Mining.Watch This Episode On YouTubeListen To This Episode:...

Sep 21 2021

Compass Mining Launches 'At-Home' Bitcoin Mining Service

The bitcoin-first, proof-of-work mining company has launched a new service to bring bitcoin mining to U.S. households on demand.Bitcoin-first company Compass Mining announced today the launch of At-Home Mining. This direct-to- consumer service provides customers with the ability to mine bitcoin from their own homes. Clients that hire the...

Aug 10 2021

Compass Mining Sponsors Bitcoin Core Developer Jon Atack For $80,000

Through the facilitation of the Human Rights Foundation, Compass has committed to a one-year donation of $80,000 to Jon Atack.Through the Human Rights Foundation (HRF), Compass Mining has announced their newest commit to sponsor Bitcoin Core contributor, Jon Atack, with a one year donation worth $80,000. Atack began his contributions to Bitcoin Core over two years ago in March 2019, reviewing code,...

Aug 09 2021

Bitmain And The Institutionalization Of Bitcoin Mining Manufacturers

Bitmain’s path toward a public listing can tell us a lot about the institutionalization of the Bitcoin mining industry at large.It seems that the ground under Bitcoin businesses is shifting daily, first with a major shutdown and hash migration out of China, then with some wobbly prices and now with an...

Jul 29 2021

Compass Mining To Offer U.S. Clients Tax-Efficient Bitcoin Mining

U.S. Clients of Compass mining can now mine bitcoin directly into a Choice Individual Retirement Account without triggering a taxable event.U.S. clients of Compass mining can now mine bitcoin directly into a Choice Individual Retirement Account without triggering a taxable event, per a press release sent to Bitcoin Magazine. Under the current tax laws, revenue from Bitcoin mining is taxed as...

Jul 27 2021

Why Aren’t More Bitcoin Miners Setting Up Shop In Canada?

As more bitcoin miners migrate from China, they are hesitant to set up shop in Canada, despite abundant energy and a cool climate. But why?Canada seems to offer many of the advantages for successful bitcoin mining — lots of stranded renewable energy (mostly hydro), a cooler climate (which is easier on equipment) and a lower fiat currency value (more competitive than the...

Jul 14 2021

Compass Partners With Oklo For Fission-Powered Bitcoin Mining

Bitcoin mining firm Compass Mining has partnered with advanced fission company Oklo to mine bitcoin with nuclear power.Compass Mining, a bitcoin mining hardware and hosting provider, has entered a 20-year partnership with advanced fission company Oklo to mine bitcoin with nuclear power according to...

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