Latest news with #PaulGosker
Cision Canada
7 days ago
- Business
- Cision Canada
Compass Mining Launches New Brand Identity, Marking a New Chapter in Its Growth Journey
WILMINGTON, Del., June 10, 2025 /CNW/ -- Compass Mining, a leading provider of Bitcoin-mining hosting and operational services, today unveiled a complete brand refresh. The updates include a new logo, updated visual identity, and redesigned website. These changes reflect the company's growth and commitment to better serve its customers while retaining elements of Compass Mining's trademark. "Our new brand represents both where Compass Mining came from and where we are headed," said Paul Gosker, CEO of Compass Mining. "Since our founding, we have grown from a startup to a trusted infrastructure partner for miners around the world while sharpening our focus on customer satisfaction. This visual refresh signals that evolution and is reinforced by the faster, more effective customer support our team now delivers." As part of Compass Mining's renewed commitment to customer satisfaction, the company's customer-support team now answers inquiries in an average of six minutes, resolves most issues in under twenty minutes, and fully resolves eighty percent of tickets with a single reply. The new brand identity, which includes a simplified and modernized logo, is now live across all Compass Mining platforms. It replaces legacy branding on digital and physical assets. Compass Mining filed the new mark with the U.S. Patent and Trademark Office on April 11, 2025, securing protection of the company's intellectual property. "With this rebrand, our goal was to signal strength, clarity, and maturity," added Gio Torres, Principal Designer at Compass Mining. "The new logomark unifies the 'C' and 'M' into a single continuous form inspired by the blockchain's virtual structure. It is designed to communicate forward motion, trust, and a deep commitment to the industry's future." Visitors to will notice a redesigned website that offers streamlined navigation, a mobile-first layout, and expanded educational resources to help miners of every size make informed decisions. Compass Mining encourages stakeholders to update any saved assets, presentations, or press materials with the new brand. Detailed brand guidelines are available upon request at [email protected]. About Compass Mining Compass Mining is a customer-first company that provides a platform for individuals and businesses to purchase Bitcoin mining hardware, host machines, build and manage mining facilities, and access a range of ancillary services. With a commitment to exceptional customer support and transparency, Compass Mining sets the benchmark for Bitcoin-mining hosting. Its mission is to make Bitcoin mining accessible to everyone. To learn more about Compass Mining or to start mining today, visit
Cision Canada
23-05-2025
- Business
- Cision Canada
Compass Mining Partners with Synota's "Impact Mining" Initiative to Transform Bitcoin Hashrate into Community Impact
Initial donation supports a hospital and village in Nigeria, with plans for further expansion WILMINGTON, Del., May 23, 2025 /CNW/ -- Compass Mining, a leading provider of Bitcoin mining infrastructure and services, proudly announces its role as the inaugural donor to Synota's Impact Mining initiative. Through this groundbreaking partnership, Compass is turning Bitcoin's computing power, or "hashrate", into a humanitarian resource: affordable, reliable energy for underserved communities. Through this collaboration with Synota, Compass Mining aims to demonstrate another way the Bitcoin mining industry can contribute directly to energy access, healthcare, and education in underserved communities without leaving the data center. "This is hashrate with heart," said Paul Gosker, CEO of Compass Mining. "We're proud to show our customers and the broader industry how Bitcoin mining can improve lives, not just balance sheets." Under the Impact Mining initiative, Compass Mining has directed some of the output of its mining machines to a Bitcoin mining pool configuration provided by Synota and managed on behalf of Renewvia Solar Africa, an operator of clean energy mini-grids in Africa. The revenue generated by this hashrate is used to offset electricity costs for critical infrastructure in Nigeria. At Oloibiri Hospital, Compass's contribution is helping cover the monthly power bills. This allows the facility to redirect resources to patient care. Serving over 3,600 patients annually and having delivered over 34,000 babies since 2010, this hospital is now empowered to treat hundreds more. In Ozuzu, a rural village connected to a solar mini-grid in 2021, 150 homes, businesses, and a school are now benefiting from a 20% reduction in power costs thanks to Impact Mining. Lower energy prices mean more lighting, more technology use, and ultimately more economic opportunity. "Bitcoin mining has always been a driver of energy innovation," said CJ Burnett, Chief Revenue Officer at Compass Mining. "Now it's a driver of energy opportunity. A small portion of global hashrate is delivering outsized impact for real people." Compass Mining views this initiative as a proof-of-concept that mining can be more than profitable; it can be purposeful. Whether through direct machine allocation or partial hashrate donations, every block solved can help power a brighter world. Looking ahead, Synota plans to expand the Impact Mining initiative and Compass Mining intends to continue the partnership. "We're thrilled to have Compass Mining lead the way," said Austin Mitchell, CEO and Co-founder of Synota. "They've shown that any miner, anywhere in the world, can take part in Impact Mining simply by redirecting a portion of their hashrate through a shared pool configuration. It's a small step that can make a big difference. Donating hashrate also offers tax advantages, and we're building the infrastructure to support that." To learn more about Impact Mining, visit Compass Mining is a customer-first company that provides a platform for individuals and businesses to purchase Bitcoin mining hardware, host machines, build and manage mining facilities, and access a range of ancillary services. With a commitment to exceptional customer support and transparency, Compass Mining sets the benchmark for bitcoin mining hosting. Its mission is to make Bitcoin mining accessible to everyone. To learn more about Compass Mining or to start mining today, visit
Cision Canada
29-04-2025
- Business
- Cision Canada
Compass Mining Energizes New 30 MW Self-Owned Bitcoin Mining Facility in Iowa
Phase I of state-of-the-art facility now online; construction of remaining capacity to start in Q4 WILMINGTON, Del., April 29, 2025 /CNW/ -- Compass Mining (the "Company"), a leading provider of Bitcoin mining hardware, hosting, and operational solutions, today announced the successful energization of Phase I of its new self-owned, state-of-the-art Bitcoin mining facility in Iowa. The first phase, with a 8 megawatts (MW) power capacity, is now fully operational, with construction of the remaining capacity expected to start in Q4. Located on a 5-acre greenfield site, the new Iowa facility marks a significant step in the Company's growth strategy, increasing its self-owned infrastructure portfolio. Completely owning and operating a site allows the Company to strengthen control over its operations and offer enhanced flexibility to its customers, who now have the option to select "Iowa 4" as the deployment location for new machines purchased through Compass Mining's platform. "Expanding our self-owned infrastructure is a crucial step in strengthening Compass Mining's position as a leader in Bitcoin mining hosting," said Paul Gosker, CEO of Compass Mining. "Owning and operating our own sites gives customers greater operational control while still allowing them to choose from our network of reliable third-party facilities to best meet their individual needs and preferences." The Iowa facility builds on Compass Mining's broader U.S. expansion, following the recent launch of its hydro-cooled Bitcoin mining facility in North Dakota. In 2024 alone, Compass Mining energized nearly 50 MW of new power capacity across sites in Indiana, Iowa, Ohio, Kentucky, Nebraska, and Texas, reinforcing its role as a premier provider of Bitcoin mining hosting solutions. Compass Mining is a customer-first company that provides a platform for individuals and businesses to purchase Bitcoin mining hardware, host machines, build and manage mining facilities, and access a range of ancillary services. With a commitment to exceptional customer support and transparency, Compass Mining sets the benchmark for bitcoin mining hosting. Its mission is to make Bitcoin mining accessible to everyone. To learn more about Compass Mining or to start mining today, visit Media Contact
