Articles From Gold Rush to Bit Rush: Will America Become The Land Of Bitcoin Mining? “Say no to gold mining; no to cyanide in our water” - Anonymous Protester, Northern Ireland In the upcoming US presidential election, let’s imagine each candidate has a mining
Facility-Update Compass Mining Facility Update: February 19 Uptime across all facilities remains high. Over the past week, we have only had a few curtailments at our Minnesota site. All other sites have remained online all week. Please
Articles January 2024 Bitcoin Miner monthly update Whilst the Bitcoin mining difficulty did not materially change during January, the challenging weather conditions and reduction in Bitcoin block transaction fees saw monthly production drop by an average of
Facility-Update Compass Mining Facility Update: February 12 We are pleased to share that our facilities’ uptime have significantly improved. Over the past week, we have observed a reduction in curtailments, leading to better uptime at all sites.
Facility-Update Compass Mining Facility Update: February 5 The weather conditions have been improved, allowing facilities to minimize curtailments and unplanned outages. As a result, we have achieved an uptime close to 100% for the last 14 days.
Articles ASICs Are The Perfect Business “Beware of little expenses, a small leak will sink a great ship” - Benjamin Franklin Traditional businesses manage a multitude of risks and challenges to engage in the exchange of
Articles A year in Bitcoin mining - 2023 Review The conclusion of the fiscal year on December 31, 2022, was marked by newsworthy events. Most notably, the FTX downfall, and a yearly low in the Bitcoin price of $16,
Facility-Update Compass Mining Facility Update: January 22 As winter reaches its peak in the US, we are facing an increase in curtailment incidents. However, we are working hard to ensure that we bring the miners back online
Articles Bitcoin and ASICs are Modern Giffen Goods “As Mr. Giffen has pointed out, a rise in the price… they consume more, and not less of it.” — Alfred Marshall, Principles of Economics 1895 Bitcoin is famous for its
Articles December 2023 Bitcoin Miner monthly update Marathon Digital breaks mining record In their December 2023 Bitcoin Miner Monthly Update, Marathon Digital achieved a remarkable milestone by breaking its monthly mining production record, mining 1,853 Bitcoin.
Facility-Update Compass Mining Facility Update: January 8 Despite some demand spikes in Texas and Minnesota, which resulted in some curtailments, all our facilities have been operating optimally, and we're working hard to minimize any impact
Educational What happens to my miner when it's relocated? If a miner is relocated, it first gets sent to a service center to be cleaned and tested before it is sent to its new facility.
Articles Will Liquid be the New SegWit? As high fees raise mining revenues, they also reduce profitability for small mining operations. Can small miners have their cake and eat it, too?
Articles Green Bitcoin Mining: Harnessing Methane from Animal Waste for a Sustainable Crypto Future Bitcoin mining has faced criticism for its energy-intensive nature, but innovative solutions are emerging to make this process more environmentally friendly. One such solution involves converting methane gas from animal
Facility-Update Compass Mining Facility Update: December 18 We're proud to report that we've had very few incidents or outages across all our facilities. However, we did experience some electricity price spikes in Texas
Articles Bitcoin Miners - November 2023 update With less than 20 weeks remaining until the next Bitcoin halving, the worldwide hash rate has sustained its upward trajectory, reaching its peak for the entire year on November 19th,
Facility-Update Compass Mining Facility Update: December 4 All our facilities are delivering excellent uptime and machine utilization rates with almost no incidents or outages. We have seen some electricity price spikes in Texas and Minnesota, which have
Facility-Update Compass Mining Facility Update: November 20 At all of our facilities, miner uptime has improved due to a reduction in curtailment incidents and heat-management issues. We are continuing to work with the on-site technicians to troubleshoot
Articles Bitcoin Miners - Q3 2023 Reporting Amidst the ongoing reporting season, four of the largest Bitcoin miners in the industry, Bitfarms (BITF), Cipher Mining (CIFR), Marathon Digital (MARA), and Riot Platforms (RIOT), have unveiled their financial
Articles Bitcoin Miners - October 2023 update The mining difficulty continued its relentless movement upwards, closing at 62.46 T on October 31, 2023, providing a total increase of 9.36% and setting a new all time
Facility-Update Compass Mining Facility Update: November 6 At all of our facilities, miner uptime has improved due to a reduction in curtailment incidents and heat-management issues. We are continuing to work with the on-site technicians to troubleshoot
Articles Bitcoin miners embrace Artificial Intelligence and High-Performance Computing for revenue growth The amalgamation of Bitcoin mining, Artificial Intelligence, and High Performance Computing represents a significant shift in the cryptocurrency landscape.
Facility-Update Compass Mining Facility Update: October 23 Compass Mining is pleased to provide the following facility updates for October 23, 2023.
Articles Bitcoin Miners - September 2023 update The cooler weather in September contributed to less curtailment for the North American Bitcoin miners. Although the mining difficulty ended up at an all-time-high of 57.12 T as of
