Compass Mining

Andrew Burchwell joins Jarrett on the podcast to dive into all the work he's doing as Executive Director and Founder of the Ohio Blockchain Council. The episode touches upon the following themes and more:

⛏️⚡️ Ohio is working to position itself as a leader in the blockchain and Bitcoin mining industry, with a focus on energy, infrastructure, and collaboration.

⛏️⚡️ Bitcoin mining is a tangible and visible aspect of the industry that can help educate and engage stakeholders in the broader conversation about digital currencies and technology.

⛏️⚡️ The Ohio Blockchain Council is dedicated to supporting and advocating for the i...

 @ColbyNoe  joins Jarrett Carpenter on this week's The Check In to tackle the simple question - When should you update your fleet?

Watch on YouTube - https://youtu.be/5UcWYdVC8g0

To get in touch with Colby directly, please email him at colby@compassmining.io

Colby on X - https://x.com/ColbyNoe

X Thread on Bitmain's New Hardware - https://x.com/theMiningPod/status/1831323103743369359

Tax Considerations for Bitcoin Miners Blog - https://compassmining.io...

On this episode, Jarrett Carpenter is joined by Noah Buxton and Nick Ward, Co-Founders of The Network Firm, where they share CPA insights and tax considerations for Bitcoin miners and more:

⛏️⚡️ Bitcoin miners have two taxable events: earning Bitcoin rewards and disposing of Bitcoin.

⛏️⚡️ Setting up a legal structure, such as an LLC, can allow miners to take advantage of certain deductions.

⛏️⚡️ Depreciation is a key tax benefit for miners, with options for accelerated and bonus depreciation.

⛏️⚡️ Miners should plan for the tax implications of selling miners, as it can result in both income and capital gains...

CJ Burnett recently visited a Bitcoin Meet Up in Columbus, Ohio and this week's 'The Check In' features his overview of what Compass Mining is and what's the work we're executing to provide the world's best services and products for our customers.

Watch on YouTube - https://youtu.be/OaNv91F_PNo

Watch full interview here - https://x.com/compass_mining/status/1828036530566492628

Stay tuned for next week's The Check In!

Compass Mining is a Bitcoin-first company dedicated to...

In this episode, Jarrett Carpenter chats with Tatum Cave around the topics of decentralization, the evolution of hardware in the Bitcoin mining industry and much more:

⛏️⚡️ The centralization of hash rate is a concern in the Bitcoin mining industry, as it poses risks to the network's security and decentralization.

⛏️⚡️ Physical decentralization, which refers to the geographic distribution of mining operations, is not a major concern due to advancements in solo mining and the availability of competitive energy markets worldwide.

⛏️⚡️ Digital decentralization, specifically in block template generation, is a more significant issue. Major mining pools, often white-label...

In this edition of The Check In, Karoon Mackenchery and Jarrett Carpenter dive into, analyze and share thoughts on Galaxy's 2024 Mid-Year Bitcoin Mining Report. (TLDR - it's bullish for the industry!)

Watch on YouTube - https://youtu.be/uW993uIC8LM

To get a copy of the report, please click here - https://www.galaxy.com/insights/research/2024-mid-year-mining/

Anthony Power's Article on AI/Bitcoin Mining - https://compassmining.io/education/bitcoin-miners-are-shifting-towards-hpc-and-ai-data-business-models/

Compass Mining is a Bitcoin-first company dedicated...

In this episode, Jarrett interviews Becca Bratcher, Author of the book '21 Women in Bitcoin' and they discuss Becca's journey in writing the book, the unique stories of women highlighted throughout the book, as well as other topics related to Bitcoin, its adoption and the role gender plays within the space and the overall tech industry.

Watch on YouTube - https://youtu.be/mqL-XdliZP8

⛏️⚡️ EPISODE CHAPTERS ⛏️⚡️

00:00 - Episode Intro

01:37 - Why Becca Wrote This Book

02:59 - Does Becca Identify As An Author?

04:20 - Global...

For the second installation of Breaking Into Bitcoin, Andy Thompson joins Curtis Harris once again to discuss Bitcoin hiring, recruiting and how to get started in the Bitcoin industry today. In the episode, Andy and Curtis touch on the following: - Look beyond traditional Bitcoin companies when hiring and consider candidates with relevant skills and expertise from other industries. - Optimize your resume with keywords and tailor it to each job you apply for. - Network within the Bitcoin community and seek opportunities to add value. - Be flexible and willing to start at a lower level in order...

In this episode, Jarrett chats with Elliot David from the Sustainable Bitcoin Protocol (SBP) where they discuss how Bitcoin can play a role in advancing green energy solutions and the importance of sustainability in the Bitcoin mining industry. Elliot explains how SBP aims to unlock climate-aligned capital by providing auditable proof of sustainable Bitcoin mining. They also touch on the challenges of creating a marketplace for sustainable Bitcoin mining data, the cultural challenges surrounding Bitcoin adoption, Bitcoin's potential to be a powerful tool for energy poverty alleviation and sustainable development in emerging markets, as well as the following topics:<...

Tyler Cohoon joins Jarrett Carpenter for a new Check In to discuss Compass Mining's Parts Store, which is a newly launched online platform providing reliable and quick access to replacement parts for miners. Designed to address sourcing challenges and long lead times, the store offers shipping within a week, compared to the month-long waits when ordering from overseas. Customers can purchase parts individually or in bulk, with varying minimum order quantities. The store also offers wholesale promotions and the option to request unique or bulk orders. The Parts Store complements Compass Mining's other services, including hosting, hardware sales, and...