Part of the Compass team returned to Miami for one of the seminal mining conference, Mining Disrupt. Here's a short video summarizing the conference and all the heavy-hitting miners and builders that attended. 

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Is the bottom in for ASIC prices?

This question has been asked a lot during the past several weeks as the mining sector has continued to grabble with the fallout from China’s crackdown on its domestic bitcoin mining industry. The answer is: it depends on bitcoin’s price.

Since the market’s peak in late April and early May, downward price movements for ASICs have nearly matched bitcoin’s drop, although not at the same time or speed.

Here’s the good news. ASIC prices are still up by double- and triple-percentages, according to secondary market pricing estimates. Curiously, the less efficient the machine, the more significant its price appreciate has been year to date on a percentage basis.

Click here to continue reading this section of Mining Memo.

Just like bitcoin miners, ether miners have had their own ups and downs this year.

Community disputes have mainly settled on the protocol level, centering around some of the most aggressive breaking changes to any live network such as EIP 1559, MEV and The Merge.

Compass sat down with two of Ethereum’s best wielders of both the keyboard and mic to understand how the reverbs from these changes will shake out over the coming months.

Ethereum has long promised a transition away from Bitcoin’s proof of work to a security model based on staking coins. While this process has long been in the making, its delay has turned into somewhat of a meme among the mining community.

Click here to continue reading this section of Mining Memo.

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