Editor's Note
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Retail mining hashrate is growing fast. Compass not only announced a new 100 MW hosting facility in Ontario, but Compass customer hashrate grew another 9% this week following last week's 14% jump. Compass customer hashrate is now above 800 PH. More proof that everyone can mine bitcoin, and they are.
This weekend’s newsletter is packed, but there are two things you shouldn't miss.
- Watch the powerful mini documentary below about why the Navajo Nation is now mining bitcoin.
- Check out the mining memes toward the end of this newsletter. Miners were memeing in full force this week. Thanks as always for letting us send these mining memos to your inbox.
Enjoy the weekend!
– Zack
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Special Feature
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The Navajo people have suffered decades of financial abuse from the US government.
Now they're mining Bitcoin.
This is their story.
Watch the mini-documentary from Compass.
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Just Click It
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- Aipro Energy is completing the first batch of their newly designed immersion tanks
- Apple and TSMC plan to produce 3nm chips as soon as 2023.
- Compass announced a partnership to open a new 100 MW hosting site in Canada.
- Canaan sues AGM’s chip designer for patent infringement.
- Bitfury hires Brian Brooks as CEO.
- GlobalFoundries CEO says they’re sold out of chips through 2023.
- Bitcoin miners took a near record $1.72 billion in October.
- Bitfarm’s total hashrate hit 1.8 EH in October.
- China is planning to build a least 150 nuclear reactors in the next 15 years.
- Mawson lists a mining-focused ETF in Australia.
- Nasdaq-listed Future FinTech plans to build a mining farm in Paraguay.
- Argo set a new record for quarterly revenue in Q3.
- ASIC shipments are delayed due to supply chain issues.
- Fortress plans to triple its hashrate with its order of 4,500 Antminers.
- Genesis Digital is building a 300MW facility in Texas.
- Mining stocks keep climbing higher as mining profitability stays its highs.
- EdtechX, a China-based language training firm, ventures into Bitcoin mining.
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What Sustainable Mining Really Means
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A pair of mining CEOs explain what “clean” or sustainable mining actually means.
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Advocating For Bitcoin Mining
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Two policy advocates for Bitcoin and mining share their perspectives on the state of lobbying for the bitcoin mining industry.
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4 Hours Of Fan Noise From Bitcoin Mining ASICs
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Listen to 4 hours of uninterrupted white noise from bitcoin mining ASICs while you study or sleep!
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Here’s a look at Square’s push into Bitcoin mining.
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Square isn’t just bullish on Bitcoin. The company wants a part of the mining industry too. Beyond just buying BTC, Square has taken several significant steps to participate in the mining industry. This article explores those moves and Square’s future
plans.
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Here’s a comparison between hashrate managers and traditional mining pools.
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Bitcoin miners must join a mining pool to get paid regularly. But not all pools serve their miners the same. Miners need to understand how hashrate managers operate compared to regular mining pools.
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Compass Community
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- This is an incredible story from @gersonmartinez about hos parents turning their trucking business into a mining company through Compass.
- Breaking: @TBitTwo is
online and mining with Compass. Keep hashing, sir!
- New Compass miner @SpartacusHODL is also online and earning fresh sats.
- Just another satisfied miner with @jogecoin sharing his experience on Twitter.
- Shoutout to @HaiderBhatti4 and everyone else in D.C. that came to our latest Hash Power Happy Hour!
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Written by Zack Voell, Lili Rhodes , and
Will Foxley
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About Compass: Compass is a Bitcoin mining and modern media company focused on driving the mass adoption of cryptocurrency mining.
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