Weekend Wrap: Miner Financing, At-Home Mining and ASIC Prices

Published: Sat, 09/25/21

September 25, 2021
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Editor's Note

Good afternoon! Despite a slight dip in Bitcoin’s price, the month of September has been an exciting one for the entire mining community with big moves being made across the entire sector. More and more Compass miners are coming online (at home or hosting facilities) as large institutional miners also scramble to purchase and plug in more of their own machines.

The amount of hashrate securing Bitcoin that comes from retail miners is growing faster than ever. The process of sourcing even more hosting space for Compass miners in addition to products like the sound-proof mining case from Upstream Data and at-home hardware sales from Compass promise a bright future for retail mining. Everyone really can mine bitcoin. 

As usual, in this edition of Mining Memo you’ll find some headlines, memes, video clips, and popular mining insights to browse over the weekend. Happy hashing and thanks for reading!

– Zack Voell

Just Click It

  • Fortress Technologies named to ex-Galaxy Digital hires as its new top executives.
  • The world’s largest ETH pool said it will no longer serve Chinese miners.
  • Compass Mining’s CEO explained the resurgence in at-home mining on Bloomberg.  
  • At-home GPU mining is reportedly surging in China.
  • Hive Blockchain reported net income of $42.5 million for their year ending March 2021.
  • Powerbridge launches a “green” mining operation in Singapore.
  • Genesis Digital Assets raises $431 million.

Mining Meme Roundup

Source

Weekend Watchlist

The Finances Of Bitcoin Mining

The Finances Of Bitcoin Mining

This livestream explores the financial side of cryptocurrency mining, including lending, hardware purchases, and hedging. 

WATCH NOW
 
ASIC Prices VS. Bitcoin's Price | Compass Live CLIP

ASIC Prices VS. Bitcoin's Price

What affects the price of bitcoin mining ASICs?  Whatsminer's Director of Sales explains. 

WATCH NOW
Secrets Of GPU Mining | Compass Live CLIP

Secrets Of GPU Mining

Two GPU miners explain why they live for this particular type of cryptocurrency mining and the first steps to get started.

WATCH NOW

Community Corner

  • Compass miner @KC_HODL was floored to be the winner of a new Antminer S19 (95 TH).
  • A Compass community member (@awallace113) wrote a thread explaining his experiences explaining Bitcoin to new adopters and their interest specifically in mining to accumulate BTC.

Popular This Week

 

These are the most friendly states for bitcoin miners.

Click here read this section of Mining Memo.

 

Prices for top ASICs have jumped over 25% in Q3.

Click here read this section of Mining Memo.

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Written by Zack VoellLili Rhodes , and  Will Foxley

  
 

About Compass: Compass is a Bitcoin mining and modern media company focused on driving the mass adoption of cryptocurrency mining.

  
 

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