Pause operations: company temporarily curtailing operations while keeping return options open

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Compass 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

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The Company Statement
January 20, 2023

Trying 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.

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