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Compass Mining CEO and CFO Resign Amid 'Setbacks and Disappointments' | CoinDeskwww.coindesk.com/business/2022/06/28/compass-mining-ceo-and-cfo-resign-amid-setbacks-and-disappointments/
16 sats \ 5 comments \ @BTCMiner 28 Jun 2022 bitcoin
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20 sats \ 0 replies \ @siggy47 28 Jun 2022
Wow. That was fast
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20 sats \ 0 replies \ @HardMoney 28 Jun 2022 freebie
The one benefit of fiat payments will be the ability to dispute credit card transactions with Compass
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0 sats \ 0 replies \ @BTCMiner OP 28 Jun 2022
There is an earlier post, here on SN, which shared the message sent via e-mail to customers of Compass Mining (and subsequently posted to the Compass Mining website):
Compass Mining CEO steps down #39461 https://compassmining.io/education/compass-mining-announces-ceo-resignation-and-naming-of-interim-leadership
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0 sats \ 1 reply \ @BTCMiner OP 28 Jun 2022
Hosting firm Dynamics Mining took to Twitter last week to claim it terminated its contract with Compass Mining because the latter owed them over $600,000 in bills. Dynamics also accused Compass Mining employees of attempting to break into its facility in Maine to steal back the machines. CoinDesk has been unable to verify these claims and Compass Mining hasn't formally commented on the allegations.
On June 24, the firm closed its Discord channel with a day's notice, with some customers taking to Twitter to say the move was intended to hinder their ability to share information and complaints.
Over the past year, customers have complained about buildout delays in South Carolina, Nebraska and Ontario.
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0 sats \ 0 replies \ @BTCMiner OP 28 Jun 2022
More info on the Dynamics Mining claim is available in another post, here on SN:
🧵 Facility hosting agreement with Compass Mining terminated | Dynamics Mining #39045
https://nitter.net/DynamicsMining/status/1541262827096358912
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