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5 sats \ 6 replies \ @BTCMiner OP 27 Jun 2022 \ on: 🧵 Facility hosting agreement with Compass Mining terminated | Dynamics Mining bitcoin

The link for this post uses a read-only front-end for Twitter, which can be easier to read for viewing a full Twitter thread. The Tweet that kicked off the thread is:

Effective June 14th @compass_mining facility hosting agreement in Maine was terminated by @dynamics2k for failure to pay power consumption charges. 6 late payment and 3 non payments. @MiningScandals

https://i.postimg.cc/13GD9Wmp/FWOq-Xj1-XEAIMjdu.jpg [Larger image]
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0 sats \ 1 reply \ @BTCMiner OP 28 Jun 2022

UPDATE

Compass Mining CEO and CFO Resign Amid 'Setbacks and Disappointments' | CoinDesk #39467 https://www.coindesk.com/business/2022/06/28/compass-mining-ceo-and-cfo-resign-amid-setbacks-and-disappointments https://archive.ph/v1Y9Q <-- An archive, which can be easier to read

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0 sats \ 0 replies \ @BTCMiner OP 29 Jun 2022

UPDATE 2

Compass Mining Denies Dynamics Facility Allegations https://compassmining.io/education/compass-mining-denies-dynamics-facility-allegations/

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0 sats \ 3 replies \ @BTCMiner OP 27 Jun 2022

There's another, follow-on, Twitter thread:

For clarity @compass_mining power consumption @dynamics2k totaled $1.2 million and they only paid $415k and $250k initial power deposits. Compass claims that they gave money to @dynamics2k but the money was used to build out their facilities. #truth

[Images]

https://twitter.com/DynamicsMining/status/1541397114189643776 https://nitter.net/DynamicsMining/status/1541397114189643776 <-- Full thread, can be easier to read

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50 sats \ 0 replies \ @BTCMiner OP 27 Jun 2022

Doh! Dynamic Mining has since deleted that Tweet.

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100 sats \ 0 replies \ @BTCMiner OP 27 Jun 2022
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20 sats \ 0 replies \ @sp 27 Jun 2022 freebie

This is a reminder of why on-chain payments sometimes are useful 😅

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