Pause operations: company temporarily curtailing operations while keeping return options open
Leave SuspensionCompass Mining is a bitcoin-first, proof-of-work mining hardware and hosting company on a mission to strengthen Bitcoin's network by democratizing hash rate. Compass' mining marketplace offers easy procurement, deployment of mining machines, and resale for institutional and retail clients.
Pause operations: company temporarily curtailing operations while keeping return options open
Leave SuspensionTrying to quickly liquidate $30 million of equipment in Siberia. Compass Mining severed ties with Russian hosting provider Bit River and did not return Bitcoin mining equipment to its customers.
April 25, 2022 | American Bitcoin Miner Aims to Sell USD 30M Equipment in Russia to Avoid Sanctions |
April 22, 2022 | U.S. Crypto-Mining Company Sells Gear Stuck in Russia to Avoid Sanction |