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Compass Partners with Mindshift to Offer Bitcoin Mining Services in South Korea
Oct 09, 2024•over 1 year ago
Contract Type
partnership
WilmingtonBlockchainCryptocurrencyMining
Description
Compass Mining has announced a partnership with Mindshift, a South Korea-based Virtual Asset Service Provider (VASP), to extend its Bitcoin mining services to the South Korean market. This collaboration aims to address challenges posed by South Korea's higher electricity costs and regulatory landscape, by offering lower electricity rates and turnkey Bitcoin mining solutions to South Korean residents.
Company Information
Company
Compass Mining
Location
Wilmington, Delaware, United States
About
Compass Mining is a bitcoin-first mining hardware and hosting company that offers procurement, deployment of mining machines, and resale for institutional and retail clients. Compass' mission is to strengthen Bitcoin's network by democratizing hash rate. Compass also produces industry-leading research and educational content through a variety of tailored media product offerings.
For more information on Compass Mining, visit https://compassmining.io/
SOURCE Compass Mining
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WilmingtonBlockchainCryptocurrencyMining