Compass Inks ASIC Deal with MicroBT, Guaranteeing Retail Access to New Generation Bitcoin Mining Hardware

WILMINGTON, DE / ACCESSWIRE / May 12, 2021 / Compass Mining, the world's first online marketplace for Bitcoin Mining hardware and hosting, announces Wednesday May 12, 2021, its purchase agreement with MicroBT for a guaranteed allocation of the latest Whatsminer machines. Starting in June, Compass will receive monthly shipments of new generation Whatsminer ASICs for an eight-month period ending in December.

"Making competitively priced ASICs available to Compass Miners is our top priority. We're excited to work with MicroBT to offer our clients a steady stream of powerful and efficient machines," said Thomas Heller, co-founder and Chief Business Officer at Compass Mining.

Staying true to its commitment to offer everyone easy ASIC procurement and deployment, Compass will reserve this monthly allocation of MicroBT machines for retail miners. Through its agreement with MicroBT, Compass has secured guaranteed shipments of more machines for its clients even as competition among other miners to acquire new ASICs remains fierce.

"MicroBT is proud to supply Compass with regular shipments of our machines. Compass Mining is an important strategic partner for us in supplying efficient ASICs to retail miners," said Vincent Zhang, Sales Director of MicroBT.

Bitcoin Miners are experiencing an extended period of extreme profitability and Compass Mining is focused on allowing retail miners to share the prosperity previously only available to industrial-scale Bitcoin Miners.

For additional information on Compass or to see its current hardware offerings, visit compassmining.io.

Media Contact for Compass:

Zack Voell
Content Director
media@compassmining.io

About Compass Mining:

Compass Mining is a bitcoin-first, proof-of-work mining company on a mission to strengthen Bitcoin's network by democratizing hashrate. Compass' mining marketplace offers easy procurement and deployment of mining machines for institutional and retail clients. Compass also produces industry-leading research and educational content through a variety of tailored media product offerings. Mining is a notoriously opaque sector of the Bitcoin industry, but Compass now serves as the guide for everyone's path to successfully mining bitcoin. Thanks to Compass, mining bitcoin has never been easier.

SOURCE: Compass Mining



View source version on accesswire.com:
https://www.accesswire.com/646799/Compass-Inks-ASIC-Deal-with-MicroBT-Guaranteeing-Retail-Access-to-New-Generation-Bitcoin-Mining-Hardware

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