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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.

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.

North America To Get Its First Bitcoin Mining Pool to Rival China’s Crypto Mining Dominance

North America To Get Its First Bitcoin Mining Pool to Rival China’s Crypto Mining Dominance

US-based Titan crypto mining software company sets to launch the first Enterprise-Grade Bitcoin Mining Pool in North America.

Ethereum Mining Difficulty Has Reached an ATH

Ethereum Mining Difficulty Has Reached an ATH

Ethereum, the second-largest cryptocurrency by market capitalization has attained a new mining difficulty all-time high of 4,745,167,085,193,270.

China's Inner Mongolia to Shut Down Bitcoin Mining Operations Due to Energy Efficiency Concerns

China's Inner Mongolia to Shut Down Bitcoin Mining Operations Due to Energy Efficiency Concerns

A major Bitcoin mining hub in China, Inner Mongolia will be shutting down its extensive mining operations by April of this year.

Authorities Uncover Illegal Bitcoin Mining Farm In Kyrgyzstan

Authorities Uncover Illegal Bitcoin Mining Farm In Kyrgyzstan

Federal authorities have uncovered a large illegal Bitcoin mining site in Kyrgyzstan in the territory of the Bishkek Free Economic Zone.

UK’s Argo Crypto Mining Firm Begins Paying CEO in Bitcoin

UK’s Argo Crypto Mining Firm Begins Paying CEO in Bitcoin

Argo blockchain crypto mining firm has become the first publicly listed company to pay its CEO in Bitcoin.

Bitmain Partners With Digital Currency Group's Foundry to Fuel Crypto Mining Business in North America

Bitmain Partners With Digital Currency Group's Foundry to Fuel Crypto Mining Business in North America

Crypto mining giant Bitmain has announced that it will be partnering with crypto mining firm Foundry to extend its services to North America.

UK’s Argo Blockchain Buys 320 Acres in Texas to Build Bitcoin Mining Facility

UK’s Argo Blockchain Buys 320 Acres in Texas to Build Bitcoin Mining Facility

London-based Argo Blockchain has joined an increasing number of firms seeking to construct crypto mining facilities in Texas, US.

World's Second Largest Bitcoin Mining Company Raises $90M in US IPO

World's Second Largest Bitcoin Mining Company Raises $90M in US IPO

The world’s second-largest bitcoin mining equipment producer, Canaan Inc. raised $90 million during its initial public offering (IPO).

Italian Authorities Bust Illegal Ethereum Mining Activities Using Airport Computers

Italian Authorities Bust Illegal Ethereum Mining Activities Using Airport Computers

Airport officials working at Italy’s Lamezia Terme International airport have nabbed a 41-year-old technician for unlawfully mining Ethereum using the airport computers.

How to Mine Without Buying A Mining Machine

How to Mine Without Buying A Mining Machine

Bitcoin’s price has been rising incredibly and continues to trend upward. Many people may think that if they cannot buy a Bitcoin mining machine, they are missing out on a huge opportunity to generate profit.

Grayscale Investments Parent Company DCG Invests $100 Million Into Bitcoin Mining

Grayscale Investments Parent Company DCG Invests $100 Million Into Bitcoin Mining

Grayscale parent company DCG has announced its entry into Bitcoin mining.

Kazakhstan to Secure $700 Million Funds to Boost its Bitcoin and Crypto Mining Projects

Kazakhstan to Secure $700 Million Funds to Boost its Bitcoin and Crypto Mining Projects

Kazakhstan's government is trying to secure a $700 million investment and reports that it is on track with its crypto mining farm project.

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