Compass Mining Launches 'At-Home' Bitcoin Mining Service

2021-9-22 18:31

The bitcoin-first, proof-of-work mining company has launched a new service to bring bitcoin mining to U.S. households on demand.

Bitcoin-first company Compass Mining announced today the launch of At-Home Mining. This direct-to-consumer service provides customers with the ability to mine bitcoin from their own homes. Clients that hire the service will have an ASIC machine delivered to their door within three weeks and customer support available to help them install the rig.

"Bitcoin was started by home miners and now we are seeing a renaissance of home mining," said Thomas Heller, the chief business officer of Compass Mining. "We are proud of the work we have put into making Compass an industry leader and we are confident this new offering will bring more people into bitcoin mining, which is good for the community as a whole."

Indeed, in 2009, 2010, and 2011, people could mine bitcoin with regular laptops at home. It wasn't until the first ASIC machine was introduced in 2012 that that began to change. Since then, bitcoin mining has become more institutionalized by the year, leaving retail miners out of the equation. With its newest service, Compass is taking a shot towards re-enabling regular folks to mine bitcoin from the comfort of their homes without having to pay additional hosting facility fees.

"As Compass continues to expand the services we offer, we are continuously looking to make bitcoin mining accessible for everyone. With At-Home Mining, we are bringing bitcoin mining back to its roots," said Whitney Gibbs, CEO of Compass. "While industrial mining operations and retail miners primarily use Compass to help them secure space in one of our 23 hosting facilities around the world, we have found that there is significant interest from our customer base to set up operations in their own home. By creating this new product line, it gives more flexibility and options of where to host their machine and mine bitcoin."

Compass said sales have already gone live today, and customers who opt-in to the service can expect the hardware to arrive within two to three weeks of purchase. The company also highlighted that its support team would assist customers after their purchase. However, the At-Home Mining service is currently only available to U.S. customers.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Speed Mining Service (SMS) на Currencies.ru

$ 1.9622 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $1.9622 - H: $1.9622
Капитализация $205.406k Rank 99999
Доступно / Всего 104.68k SMS

mining service bitcoin demand new bring households

mining service → Результатов: 126


Фото:

While China’s Bitcoin Miners Flock to Central Asia Canaan Sets up ASIC Mining Rig Service in Kazakhstan

On Monday, the application-specific integrated circuit (ASIC) manufacturer Canaan Inc. announced the company has established an overseas after-sales center in Kazakhstan. According to Canaan, the service center will provide local customers with after-sales services like machine testing, warranty services, maintenance, and technical consultation.

2021-6-8 21:30


Crypto Mining Service, Titan, Receives Investment Funds From Coinbase Ventures

The developer of Bitcoin mining software and services Titan has announced a strategic investment fund from Coinbase Ventures. The investment fund was made during Titan’s seed fundraising round. The investment will allow Titan to expand its offerings, which enable Bitcoin mining firms to achieve growth, profitability, efficiency, and sustenance.

2021-1-16 01:08


Binance Pool introduces ‘Smart Pool’ service with higher hash rate and returns for miners

Binance Pool, a cryptocurrency mining platform dedicated to empowering miners and the global crypto mining industry, recently launched a Smart Pool service to enable higher returns for miners. By auto-switching hash rates to mine different currencies with the same algorithm, the Smart Pool service provides higher hash rates and an increase of returns to its […] CryptoNinjas: Binance Pool introduces ‘Smart Pool’ service with higher hash rate and returns for miners

2020-6-23 16:40


2nd Largest BTC Mining Pool, Poolin, Collabs With BlockFi, To Boost Crypto Lending Service

Reports confirm that the U.S based institutional-grade crypto lender, BlockFi, will be extending credit to Pooling, the second largest Bitcoin mining pool. The latest move sets the mining pool on extending its crypto lending services to miners since launching Blockin, a Singapore-registered wallet entity, which offers loans to miners. Since the halving, the hash rate […]

2020-6-3 18:45


Фото:

London Bitcoin Miner Argo Blockchain Reports 1,000% Revenue Increase to $10 Million

London Stock Exchange-listed bitcoin miner Argo Blockchain Plc said on Wednesday full-year 2019 revenue rocketed 1,000% to £8. 62 million ($10. 78 million) from £760,000 a year earlier. The company stated that the increase was due to a realignment of operations, from consumer-oriented mining as a service (MaaS) business to a proprietary mining model.

2020-4-30 01:00


OKEx Pool Among Top 5 Mining Pools, Charts Future Path for the Industry

OKEx Pool, a global integrated mining pool from OKEx, is offering a one-stop mining and trading service for its users from across the world. The mining pool, not confined to any one specific cryptocurrency, is known for the variety of mining services it offers for Proof-of-Work (PoW), Proof-of-Stake (PoS) and PoS-variant cryptocurrencies. Cryptocurrency mining has...

2020-3-14 11:34


Aragon Community Members Voice Concerns About Ethereum 2.0 Mining Protocol Changes

Aragon, a decentralized app based on the ethereum network has opposed any changes to the Ethereum's mining protocol before the launch of 2.0 version. In October the Aragon network introduced community voting service where the Aragon token (ANT) holders can vote on important decisions in regards with the network and it also included the proposed […]

2019-11-5 21:36