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Compass Mining to Sold $30m Worth of Assets in Russia to Fend Off Sanctions

Compass Mining to Sold $30m Worth of Assets in Russia to Fend Off Sanctions

Compass Mining, an American cryptocurrency mining firm, is looking for buyers for its gears stranded in Russia in a bid to avoid being sanctioned by the United States Department of Treasury.

What is Compass Mining?

What is Compass Mining?

Compass Mining has emerged as an innovative leader in the cryptocurrency mining service industry, enabling individuals and institutions to participate in Bitcoin mining without the complexity of managing hardware.

Compass Mining to Cut Salaries, Spending and 15% Staff

Compass Mining to Cut Salaries, Spending and 15% Staff

Compass Mining said that the Bitcoin mining company is cutting salaries, spending and 15% of its team.

Bitcoin Miner Compass Mining Establishes 75 MW Hosting Partnership with Compute North

Bitcoin Miner Compass Mining Establishes 75 MW Hosting Partnership with Compute North

Compass Mining, a Bitcoin mining hosting and brokerage services firm based in Delaware, US, announced the completion of a partnership with colocation provider Compute North to secure at least 75 megawatts (MW) of energy capacity for its TIER 0™ data center in Granbury, Texas.

Compass Mining CEO And CFO Abruptly Resign, Company Faces Business Struggles

Compass Mining CEO And CFO Abruptly Resign, Company Faces Business Struggles

The CEO and CFO of Compass Mining firm have left their job positions at a time when the firm is experiencing challenges to maintain its operations. The miner has appointed interim officials to take over.

Compass Mining Publishes Guidelines for Mining Cryptocurrencies at Home

Compass Mining Publishes Guidelines for Mining Cryptocurrencies at Home

Compass Mining, an American Bitcoin mining company, has published a guideline that will help retail individual miners to set up their mining rigs at home.

Exclusive: Did Facebook Copy Hedera Hashgraph's Governance Model?

Exclusive: Did Facebook Copy Hedera Hashgraph's Governance Model?

When Facebook released Libra’s whitepaper, Hedera Hashgraph allegedly “thanks” Facebook for imitating their governance model. What is the story behind?

Exclusive: How Significant is Consensus As-a-service Model?

Exclusive: How Significant is Consensus As-a-service Model?

While Amazon and Microsoft launched Blockchain as-a-service (BaaS) platform in 1H 2019, Hedera Hashgraph collaborated with IBM to launch consensus as-a-service model! Is this the next upcoming tech trend for giants to follow?

CipherTrace Unveils Crypto Predictive Risk Model to Combat Suspicious Transactions in Wake of Twitter Scam

CipherTrace Unveils Crypto Predictive Risk Model to Combat Suspicious Transactions in Wake of Twitter Scam

CipherTrace, a cryptocurrency intelligence company, has introduced a predictive risk-scoring model to instantly avert money laundering of cryptocurrencies from ransomware attacks and theft.

Harvard Blockchain Lab Applauds Fight to Fame Model for True Realization of Decentralized Ecosystem

Harvard Blockchain Lab Applauds Fight to Fame Model for True Realization of Decentralized Ecosystem

Fight to Fame, a blockchain-based entertainment platform, has been praised by the Harvard Blockchain Lab for consistently presenting decentralized events, online malls, movies, and action star reality shows. It uses a BMS business model in the production of action movies, and fans are empowered by the FF Token when voting and making purchases.

A Dragonfly Researcher Breaks Mimblewimble’s Privacy, Proving That The Model Is Flawed

A Dragonfly Researcher Breaks Mimblewimble’s Privacy, Proving That The Model Is Flawed

The esteemed privacy of Grin has been tampered with by a Dragonfly researcher who was able to unearth the real addresses of senders and receivers of up to 96% of transactions carried out in Grin’s blockchain.

Bitcoin Price Model Suggests BTC to Reach $200,000 by the End of 2021 Despite Recent Dump

Bitcoin Price Model Suggests BTC to Reach $200,000 by the End of 2021 Despite Recent Dump

However, upon attempting to reach $20,000 again, Bitcoin was rejected and has plunged below $19,000, and is currently trading at $18,581.

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