Cryptocurrency News
Compass Mining loses facility after allegedly failing to pay power bill
2022.06.28 12:45
Compass Mining loses facility after allegedly failing to pay power bill – Budrigannews.com
Bitcoin (BTC) mining hardware and hosting company Compass Mining has lost one of its Maine-based hosting facilities after the owner, Dynamics Mining, terminated the hosting agreement between the two, claiming Compass failed to pay the required bills.
Dynamics posted on Twitter (NYSE:TWTR) late on June 26 a letter it sent to Compass Mining which stated as of June 14th, the hosting contract between the two was terminated. Dynamics alleged Compass has six late payments and three non-payments related to utility bills and hosting fees.