Columbus Bitcoin presents CJ Burnett

Recorded 8-20-24

CJ Burnett from Compass discusses the company's mission to make Bitcoin mining accessible to everyone and the evolving landscape of the industry. Founded in late 2020, Compass focuses on providing infrastructure for both small and large miners, aggregating data centers to allow customers to mine without owning facilities. While retail interest in mining has decreased, institutional demand is rising, reflecting a shift toward more sophisticated market players. Compass emphasizes decentralization, aiming to protect miners from bad actors and enhance control over mining facilities to improve customer experience. The company is also embracing new hardware innovations, such as ASIC miners and home mining solutions, to make mining more accessible. Additionally, CJ highlights the importance of investing in mining during market downturns and the potential for countries using renewable energy in mining to lead in hash rate, signaling a strategic approach to resource management in the industry.

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To learn more about Compass Mining
https://compassmining.io/

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