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Compass Mining to Sold $30m Worth of Assets in Russia to Fend Off Sanctions

Compass Mining to Sold $30m Worth of Assets in Russia to Fend Off Sanctions

Compass Mining, an American cryptocurrency mining firm, is looking for buyers for its gears stranded in Russia in a bid to avoid being sanctioned by the United States Department of Treasury.

What is Compass Mining?

What is Compass Mining?

Compass Mining has emerged as an innovative leader in the cryptocurrency mining service industry, enabling individuals and institutions to participate in Bitcoin mining without the complexity of managing hardware.

Compass Mining to Cut Salaries, Spending and 15% Staff

Compass Mining to Cut Salaries, Spending and 15% Staff

Compass Mining said that the Bitcoin mining company is cutting salaries, spending and 15% of its team.

Bitcoin Miner Compass Mining Establishes 75 MW Hosting Partnership with Compute North

Bitcoin Miner Compass Mining Establishes 75 MW Hosting Partnership with Compute North

Compass Mining, a Bitcoin mining hosting and brokerage services firm based in Delaware, US, announced the completion of a partnership with colocation provider Compute North to secure at least 75 megawatts (MW) of energy capacity for its TIER 0™ data center in Granbury, Texas.

Compass Mining CEO And CFO Abruptly Resign, Company Faces Business Struggles

Compass Mining CEO And CFO Abruptly Resign, Company Faces Business Struggles

The CEO and CFO of Compass Mining firm have left their job positions at a time when the firm is experiencing challenges to maintain its operations. The miner has appointed interim officials to take over.

Compass Mining Publishes Guidelines for Mining Cryptocurrencies at Home

Compass Mining Publishes Guidelines for Mining Cryptocurrencies at Home

Compass Mining, an American Bitcoin mining company, has published a guideline that will help retail individual miners to set up their mining rigs at home.

Exclusive: Did Facebook Copy Hedera Hashgraph's Governance Model?

Exclusive: Did Facebook Copy Hedera Hashgraph's Governance Model?

When Facebook released Libra’s whitepaper, Hedera Hashgraph allegedly “thanks” Facebook for imitating their governance model. What is the story behind?

Exclusive: How Significant is Consensus As-a-service Model?

Exclusive: How Significant is Consensus As-a-service Model?

While Amazon and Microsoft launched Blockchain as-a-service (BaaS) platform in 1H 2019, Hedera Hashgraph collaborated with IBM to launch consensus as-a-service model! Is this the next upcoming tech trend for giants to follow?

CipherTrace Unveils Crypto Predictive Risk Model to Combat Suspicious Transactions in Wake of Twitter Scam

CipherTrace Unveils Crypto Predictive Risk Model to Combat Suspicious Transactions in Wake of Twitter Scam

CipherTrace, a cryptocurrency intelligence company, has introduced a predictive risk-scoring model to instantly avert money laundering of cryptocurrencies from ransomware attacks and theft.

Harvard Blockchain Lab Applauds Fight to Fame Model for True Realization of Decentralized Ecosystem

Harvard Blockchain Lab Applauds Fight to Fame Model for True Realization of Decentralized Ecosystem

Fight to Fame, a blockchain-based entertainment platform, has been praised by the Harvard Blockchain Lab for consistently presenting decentralized events, online malls, movies, and action star reality shows. It uses a BMS business model in the production of action movies, and fans are empowered by the FF Token when voting and making purchases.

A Dragonfly Researcher Breaks Mimblewimble’s Privacy, Proving That The Model Is Flawed

A Dragonfly Researcher Breaks Mimblewimble’s Privacy, Proving That The Model Is Flawed

The esteemed privacy of Grin has been tampered with by a Dragonfly researcher who was able to unearth the real addresses of senders and receivers of up to 96% of transactions carried out in Grin’s blockchain.

Bitcoin Price Model Suggests BTC to Reach $200,000 by the End of 2021 Despite Recent Dump

Bitcoin Price Model Suggests BTC to Reach $200,000 by the End of 2021 Despite Recent Dump

However, upon attempting to reach $20,000 again, Bitcoin was rejected and has plunged below $19,000, and is currently trading at $18,581.

Fidelity Files for Bitcoin Fund After Validating Model Predicting BTC Price at $1 Million

Fidelity Files for Bitcoin Fund After Validating Model Predicting BTC Price at $1 Million

Peter Jubber, the president and director of digital funds at Fidelity filed for a new fund dedicated to Bitcoin with the US SEC.

Bitcoin Price Breaks $10,000 Flirting with High Resistance of Supply – Understanding the Stock to Flow Model

Bitcoin Price Breaks $10,000 Flirting with High Resistance of Supply – Understanding the Stock to Flow Model

Bitcoin has taken off this week, moving to $10,000 and firing up the market in euphoria. With only one week from halving, The Bitcoin price has now deleted all its coronavirus crash losses, up practically 40% since January 1st—and putting it on target to be one of the year's best performing resources.

Exclusive: Does Forking Mechanism Allow for a Better Blockchain Governance Model?

Exclusive: Does Forking Mechanism Allow for a Better Blockchain Governance Model?

Nathan Kaiser, Chairperson of the Cardano Foundation and a long-time lawyer in the technology sector, shares his views on the crypto regulatory issues in different jurisdictions and blockchain governance. In particular, Nathan examines whether forking mechanism allows for a better blockchain governance and the reason why “blockchain governance = community governance”.

Total Ether Deposits in Ethereum 2.0 Hits New ATH as Interest in Proof-of-Stake Model Rises

Total Ether Deposits in Ethereum 2.0 Hits New ATH as Interest in Proof-of-Stake Model Rises

The total number of Ethereum deposits in ETH 2.0 continues to climb as it recently set a new all-time high.

Bitcoin And Tesla: Which Has The Best Return in 2020?

Bitcoin And Tesla: Which Has The Best Return in 2020?

we analyze Bitcoin and Tesla's price model in 2020

Charles Hoskinson: Elon Musk Could Have an Opinion on the Cardano Network with its Delegated Democracy Governance Model

Charles Hoskinson: Elon Musk Could Have an Opinion on the Cardano Network with its Delegated Democracy Governance Model

Input Output (IOHK) CEO and founder of Cardano Charles Hoskinson recently discussed the future of governance on the Cardano network in his YouTube video. The problem with governance is when large actors are able to decide, they could transform a protocol into something that would preserve the monopolies they already have.

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