'Bad batch' or flawed design? Compass Mining flags problems with new ASIC miners
The Bitcoin mining company is stumped as to why Bitmain changed the design of the S19 Antminers.
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Compass Mining sued for losing Bitcoin mining machines bought by customers
The lawsuit alleges that Compass Mining didn’t disclose to Bit River that it was only the ‘middleman,’ not the owner of its customers’ machines.
Compass Mining to add 25,000 ASIC miners just weeks after staff cuts
The Bitcoin mining company plans to expand its fleet of mining devices comes on the back of staff lay-offs and executive salary cuts just weeks before.
Compass Mining retrenches 15% of staff, execs to take major pay-cuts
Compass Mining parts ways with 15% of its workforce while senior employees and executives take major pay-cuts in the wake of the cryptocurrency downturn.
Compass Mining loses facility after allegedly failing to pay power bill
The facility owner Dynamics Mining publicly took to Twitter to share the letter terminating its hosting agreement with Compass Mining, saying it had unpaid bills.
Green BTC miner Bitfarms’ production up 50% after China ban, as Compass goes nuclear
Bitfarms is producing more BTC at a lower cost due to the drop in difficulty.