Compass Mining

Bitcoin Mining and Beyond

From conversations with industry leaders to sharing internal stories about all things Bitcoin Mining, Compass Mining's episodes are curated to explore the latest in Bitcoin Mining. As a Bitcoin-first company, Compass Mining supports thousands of customers globally to mine Bitcoin. From enterprise level site-development and operational support via its Accelerated By Compass program to it's minimum-order-quantity Parts Store, Compass is a leader in Bitcoin mining.

  1. Bitcoin Mining Tax Strategies 2025 | Year-End Tax Planning for Miners

    8 OCT

    Bitcoin Mining Tax Strategies 2025 | Year-End Tax Planning for Miners

    It’s that time of year — and Bitcoin miners need to plan ahead.In this episode, Compass Mining breaks down the most important Bitcoin mining tax strategies for 2025:• How the IRS treats Bitcoin mining income• Section 179 and bonus depreciation explained• Selling and upgrading miners without tax surprises• Deducting hosting, repairs, shipping, and insurance• Off-grid energy setups and renewable energy credits• Recordkeeping tips and IRS audit red flagsGet practical, CPA-backed insights to make smarter decisions before year-end.Learn more: https://compassmining.io/minebitcoinAbout the Guest:Nick Ward, CPA: Co-founder & Partner at The Network FirmServices: entity setup, tax planning, depreciation strategy, outsourced bookkeepingLearn more: thenetworkfirm.com

    43 min
  2. Proto Rig: How Block’s New Mining System Could Transform Bitcoin Mining

    21 AGO

    Proto Rig: How Block’s New Mining System Could Transform Bitcoin Mining

    Block Inc. (Jack Dorsey’s team) has unveiled Proto Rig, a Bitcoin mining system designed by engineers with backgrounds at Apple, Tesla, and Google. With a 3nm custom ASIC, modular design, and open-source fleet software, Proto is pitched as a complete rethink of Bitcoin mining hardware. In this episode of the Compass Mining Podcast, we’re joined by Tatum Cave, Compass Mining’s large-scale project lead and safety overseer at our Denver Service Center. With years of experience repairing, deploying, and stress-testing ASICs, Tatum shares his honest perspective on what Proto Rig could mean for miners in the field. What you’ll learn in this episode: - Proto Rig’s bold design promises: modular upgrades, easier repairs, higher density, and longer lifespans - Why competition beyond Bitmain and MicroBT is a big deal- Field concerns: durability, hot-swapping, integration with existing fleets - Efficiency claims vs. real-world expectations (14.1 J/TH vs closer to 20 J/TH) - The potential of Made in America mining hardware through TSMC’s Arizona fab - Why pricing, timelines, and real-world stress tests still leave big questions The bottom line: If Proto delivers even part of its vision, it could reshape Bitcoin mining infrastructure. But as Tatum makes clear, miners will want to test it in the field before making big commitments. 💻 Follow Compass Mining on social media: 🔗 X - https://x.com/compass_mining  🔗 Linkedin - https://www.linkedin.com/company/compassmining/?viewAsMember=true  🔗 Instagram - https://www.instagram.com/realcompassmining/  🔗 Tiktok - https://www.tiktok.com/@compassmining

    34 min
  3. How the Big Beautiful Bill Impacts Bitcoin Miners: 100% Bonus Depreciation and What’s Next

    28 JUL

    How the Big Beautiful Bill Impacts Bitcoin Miners: 100% Bonus Depreciation and What’s Next

    On this episode of the Compass Mining Podcast, we’re joined by Nick Ward, CPA, Co-Founder of The Network Firm, to break down the hidden but powerful impact of the One Big Beautiful Bill Act on the Bitcoin mining industry. While the bill doesn’t mention Bitcoin directly, it introduces major tax code changes that miners need to understand, most notably, the return of 100% bonus depreciation.  This tax break allows miners to fully deduct hardware purchases, including ASICs, servers, cooling equipment, in the same year they're placed into service, significantly improving cash flow and reducing tax liabilities. Nick and Compass Mining’s Nina Xiang walk through: How 100% bonus depreciation works — and who can benefit most Section 179 deductions for smaller operators Capital planning strategies for 2025 The still-unsolved problem of double taxation What to watch for in upcoming legislation like the GENIUS Act and Crypto Tax Fairness Act Whether you’re running a large-scale mining facility or just getting started, this episode offers critical insights on how to optimize your tax position under the new law.  Subscribe! Follow us on X, Linkedin, and Spotify.

    30 min
  4. Impact Mining - Bitcoin Hashrate for Good w/ Austin Mitchell & Nicholas Selby

    23 MAY

    Impact Mining - Bitcoin Hashrate for Good w/ Austin Mitchell & Nicholas Selby

    In this episode, Curtis Harris sits down with Austin Mitchell from Synota Energy and Nicholas Selby from Renewvia Energy to explore how Bitcoin mining is powering renewable energy access in Africa. They dive into the concept of impact mining using hash rate donations to fund electrification in underserved communities. From education to economic growth, this episode highlights the real-world impact of mining with purpose. Visit Synota Energy's Website - https://synota.io/impact-mining/Visit Renewvia Energy's Website - https://www.renewvia.com/Compass Mining is a Bitcoin-first company dedicated to democratizing the mining process and making it easy for those looking to delve into the world of Bitcoin mining. ABOUT COMPASS MINING:⚒️ INCLUSIVE APPROACH: Compass believes that Bitcoin mining should be an opportunity available to everyone. Our tagline, "Now everyone can mine bitcoin," emphasizes this belief.🤝 COMPREHENSIVE SERVICES: We offer a range of services, from providing mining hardware to hosting solutions. This ensures that both novices and experts in the mining field can find tools and resources tailored to their needs.⭐️ WORLD-CLASS FACILITIES: Compass boasts some of the best facilities in the world for Bitcoin mining. These state-of-the-art facilities ensure optimal mining conditions.🔎 EDUCATIONAL CONTENT: Compass is not just about providing mining services. We are also committed to educating the masses about Bitcoin and the mining process. Our platform offers insights, research, and analysis from leading industry analysts.⚡️ MISSION-DRIVEN: Compass is a Bitcoin-first company. Our mission revolves around supporting the decentralized growth of hashrate, strengthening network security, and helping more people understand, explore, and mine Bitcoin.Compass Mining is not just another company in the cryptocurrency space. We are a visionary enterprise, looking to reshape the landscape of Bitcoin mining. Whether you're a seasoned miner or someone just starting out, Compass offers the tools, resources, and support to guide you on your mining journey. If you're looking to dive into the world of Bitcoin mining or want to enhance your existing operations, Compass Mining is the partner you've been searching for.--------------------------------------------LISTEN TO OUR SHOW:Spotify - https://spoti.fi/3MXg1o8 Apple - https://apple.co/4goMWQl --------------------------------------------MINE:Start mining your own bitcoins with Compass. https://bit.ly/4eloP36 WATCH: https://bit.ly/3XGkgus --------------------------------------------💭 For those interested in learning more about Compass Mining, our offerings, and our mission, visit our official website at https://bit.ly/3XmgmFW and via links below:🔗 About Us - https://bit.ly/3MXgzuc 🔗 Our Facilities - https://bit.ly/3XQXAYI 🔗 Home Mining Guide - https://bit.ly/3Zw6FHu 🔗 Hosted Mining Guide - https://bit.ly/3TCS8pU 🔗 Our Compass Mining Articles - https://bit.ly/3BdVkC3 🔗 Educational Content - https://bit.ly/3TB3qeg 💻 Follow Compass Mining on social media:🔗 X - https://bit.ly/3Y1uLZT 🔗 Linkedin - https://bit.ly/4duOe9P 🔗 Instagram - https://www.instagram.com/realcompassmining/Happy hashing! 🤝#Bitcoin #BitcoinMining #impactmining

    57 min
  5. Heating Your Pool & Home With Bitcoin Mining Featuring Nicolas Drouin

    29 ABR

    Heating Your Pool & Home With Bitcoin Mining Featuring Nicolas Drouin

    In this episode of the Compass Mining Podcast, Jarrett speaks with Nicolas Drouin from Constellation Heating about the innovative intersection of Bitcoin mining and heat reuse. They explore Nicolas's journey into crypto and then Bitcoin, the challenges of heat management in mining operations, and the economic incentives for using Bitcoin miners to heat pools. The conversation also delves into product development, customer demographics, the impact of tariffs on business operations, and the importance of networking at industry conferences. Watch on YouTube - https://youtu.be/_xiIAoPQ61U ⛏️⚡️ EPISODE CHAPTERS ⛏️⚡️ 00:00 - Nicolas' Intro 00:28 - Episode Intro 01:29 - Nicolas' Bitcoin & Mining Journey 05:25 - Heating Above vs Inground Pool With Bitcoin Mining 07:12 - Economics To Heat Pool With Constellation 09:41 - Satoshi vs OG Product Developments 13:30 - Who's The Ideal Customer Avatar? 18:45 - S19, S21 Form Factor Appropriate Products 20:20 - Open To Other Miners? BitDeer Seal Miner? 23:29 - How Are Tariffs Impacting Work? 28:30 - Navigating Monopolies Within Bitcoin Mining 30:25 - Proto Chip Timelines 31:40 - Where Are Constellation Customers Located? 33:45 - What Conferences Will Nicolas Attend This Year? Visit Constellation Heating's Website - https://constellationheating.com/ Follow Nicolas on X - https://x.com/BTC_Grid Compass Mining is a Bitcoin-first company dedicated to democratizing the mining process and making it easy for those looking to delve into the world of Bitcoin mining.  ABOUT COMPASS MINING: ⚒️ INCLUSIVE APPROACH: Compass believes that Bitcoin mining should be an opportunity available to everyone. Our tagline, "Now everyone can mine bitcoin," emphasizes this belief. 🤝 COMPREHENSIVE SERVICES: We offer a range of services, from providing mining hardware to hosting solutions. This ensures that both novices and experts in the mining field can find tools and resources tailored to their needs. ⭐️ WORLD-CLASS FACILITIES: Compass boasts some of the best facilities in the world for Bitcoin mining. These state-of-the-art facilities ensure optimal mining conditions. 🔎 EDUCATIONAL CONTENT: Compass is not just about providing mining services. We are also committed to educating the masses about Bitcoin and the mining process. Our platform offers insights, research, and analysis from leading industry analysts. ⚡️ MISSION-DRIVEN: Compass is a Bitcoin-first company. Our mission revolves around supporting the decentralized growth of hashrate, strengthening network security, and helping more people understand, explore, and mine Bitcoin. Compass Mining is not just another company in the cryptocurrency space. We are a visionary enterprise, looking to reshape the landscape of Bitcoin mining. Whether you're a seasoned miner or someone just starting out, Compass offers the tools, resources, and support to guide you on your mining journey. If you're looking to dive into the world of Bitcoin mining or want to enhance your existing operations, Compass Mining is the partner you've been searching for. -------------------------------------------- LISTEN TO OUR SHOW: Spotify - https://spoti.fi/3MXg1o8  Apple - https://apple.co/4goMWQl  -------------------------------------------- MINE: Start mining your own bitcoins with Compass. https://bit.ly/4eloP36  WATCH:  https://bit.ly/3XGkgus  -------------------------------------------- 💭 For those interested in learning more about Compass Mining, our offerings, and our mission, visit our official website at https://bit.ly/3XmgmFW and via links below: 🔗 About Us - https://bit.ly/3MXgzuc  🔗 Our Facilities - https://bit.ly/3XQXAYI  🔗 Home Mining Guide - https://bit.ly/3Zw6FHu  🔗 Hosted Mining Guide - https://bit.ly/3TCS8pU  🔗 Our Compass Mining Articles - https://bit.ly/3BdVkC3  🔗 Educational Content - https://bit.ly/3TB3qeg    💻 Follow Compass Mining on social media: 🔗 X - https://bit.ly/3Y1uLZT  🔗 Linkedin - https://bit.ly/4duOe9P  Happy hashing! 🤝

    41 min
  6. Compass Mining Customers Now Get NiceHash Pool Fee Discounts With Kris Bakker & Marko Tarman

    23 ABR

    Compass Mining Customers Now Get NiceHash Pool Fee Discounts With Kris Bakker & Marko Tarman

    In this episode of the Compass Mining Podcast, Jarrett hosts Marko Tarman from NiceHash and Kris Bakker from Compass Mining to discuss the launch and announcement of a new mining pool partnership between Compass Mining and NiceHash respectively. The conversation covers the benefits of this collaboration for customers, the unique aspects of NiceHash's marketplace, and how both companies aim to enhance the mining experience for their users and customers, especially in the current competitive mining landscape. ⛏️⚡️ EPISODE CHAPTERS ⛏️⚡️ 00:00 - Kris' Intro00:36 - Episode Intro 00:58 - What Is The Pool Partnership? And Why Does Compass Mining Gain From It? 02:02 - Why Is NiceHash Excited About This Partnership? 04:08 - How Does This Partnership Help Compass' Customers In This Moment Of Competitive Mining Economics? 07:21 - NiceHash's Unique Added Value 09:41 - Variety Of Tools That NiceHash Provides Are Always Beneficial To Our Customers Kris' LinkedIn - https://www.linkedin.com/in/krisbakker/ Marko's X - https://x.com/MarkoTarman Marko's LinkedIn - https://www.linkedin.com/in/markotarman/ Learn More About This Pool Partnership - https://www.prnewswire.com/news-releases/compass-mining-partners-with-nicehash-to-provide-discounted-pool-fees-to-customers-302435293.html Visit NiceHash's Website - https://www.nicehash.com/ Compass Mining is a Bitcoin-first company dedicated to democratizing the mining process and making it easy for those looking to delve into the world of Bitcoin mining.  ABOUT COMPASS MINING: ⚒️ INCLUSIVE APPROACH: Compass believes that Bitcoin mining should be an opportunity available to everyone. Our tagline, "Now everyone can mine bitcoin," emphasizes this belief. 🤝 COMPREHENSIVE SERVICES: We offer a range of services, from providing mining hardware to hosting solutions. This ensures that both novices and experts in the mining field can find tools and resources tailored to their needs. ⭐️ WORLD-CLASS FACILITIES: Compass boasts some of the best facilities in the world for Bitcoin mining. These state-of-the-art facilities ensure optimal mining conditions. 🔎 EDUCATIONAL CONTENT: Compass is not just about providing mining services. We are also committed to educating the masses about Bitcoin and the mining process. Our platform offers insights, research, and analysis from leading industry analysts. ⚡️ MISSION-DRIVEN: Compass is a Bitcoin-first company. Our mission revolves around supporting the decentralized growth of hashrate, strengthening network security, and helping more people understand, explore, and mine Bitcoin. Compass Mining is not just another company in the cryptocurrency space. We are a visionary enterprise, looking to reshape the landscape of Bitcoin mining. Whether you're a seasoned miner or someone just starting out, Compass offers the tools, resources, and support to guide you on your mining journey. If you're looking to dive into the world of Bitcoin mining or want to enhance your existing operations, Compass Mining is the partner you've been searching for. -------------------------------------------- LISTEN TO OUR SHOW: Spotify - https://spoti.fi/3MXg1o8  Apple - https://apple.co/4goMWQl  -------------------------------------------- MINE: Start mining your own bitcoins with Compass. https://bit.ly/4eloP36  WATCH:  https://bit.ly/3XGkgus  -------------------------------------------- 💭 For those interested in learning more about Compass Mining, our offerings, and our mission, visit our official website at https://bit.ly/3XmgmFW and via links below: 🔗 About Us - https://bit.ly/3MXgzuc  🔗 Our Facilities - https://bit.ly/3XQXAYI  🔗 Home Mining Guide - https://bit.ly/3Zw6FHu  🔗 Hosted Mining Guide - https://bit.ly/3TCS8pU  🔗 Our Compass Mining Articles - https://bit.ly/3BdVkC3  🔗 Educational Content - https://bit.ly/3TB3qeg    💻 Follow Compass Mining on social media: 🔗 X - https://bit.ly/3Y1uLZT  🔗 Linkedin - https://bit.ly/4duOe9P

    13 min
  7. Brad James On Why You Need To Attend Our Bitcoin Mining Meetup At The Space In Denver

    15 ABR

    Brad James On Why You Need To Attend Our Bitcoin Mining Meetup At The Space In Denver

    In this episode of the Compass Mining Podcast, Brad James joins Jarrett Carpenter to explore Denver’s rise as a growing hub for Bitcoin mining and the vital role of physical spaces in building strong Bitcoin communities. They spotlight the Denver Space, a local, new Bitcoin Citadel that hosts Bitcoin related events like our monthly Technical Bitcoin Mining Operations Meetup! The discussion underscores the importance of face-to-face interaction in a digital-first world and examines how companies like Amazon have reshaped business expectations. Brad also shares key takeaways from his recent trip to Denver, including the power of grassroots community engagement and the evolving future of Bitcoin meetups. Watch on YouTube - https://youtu.be/gP4RfJzkhLo ⛏️⚡️ EPISODE CHAPTERS ⛏️⚡️ 00:00 - Brad's Intro 00:45 - Episode Intro 01:29 - Brad's Denver Meetup Visit 02:05 - Overview of Brad's Denver Experience, Meetup At Space Denver 07:50 - Bitcoin Citadels Explored 09:05 - Where Are The Bitcoin Citadels? 09:51 - Bitcoin Co-working Spaces? 10:30 - Bitcoin Businesses Need Physical Communal Spaces 11:55 - Planet Fitness & Chamber Of Commerce Network 13:37 - Micro Minery Club From The Space Denver 14:35 - What is the Micro Minery club? 15:08 - The Importance of IRL Connections For Business 18:20 - Bitcoin Mining Happens IRL 19:53 - When Things Go Wrong In Bitcoin Mining 21:05 - The Importance Of Community In Bitcoin Mining 24:50 - You Need Patience In Bitcoin Mining, Nothing Happens Overnight 25:48 - The Mission/Vision Of Bitcoin Mining Denver Meetup 26:43 - Would Brad Recommend The Bitcoin Mining Denver Meetup? Learn more about Mining With Brad - https://www.miningwithbrad.com/ Brad James on X - https://x.com/MiningWithBrad Compass Mining is a Bitcoin-first company dedicated to democratizing the mining process and making it easy for those looking to delve into the world of Bitcoin mining.  Compass Mining is not just another company in the cryptocurrency space. We are a visionary enterprise, looking to reshape the landscape of Bitcoin mining. Whether you're a seasoned miner or someone just starting out, Compass offers the tools, resources, and support to guide you on your mining journey. If you're looking to dive into the world of Bitcoin mining or want to enhance your existing operations, Compass Mining is the partner you've been searching for. -------------------------------------------- LISTEN TO OUR SHOW: Spotify - https://spoti.fi/3MXg1o8  Apple - https://apple.co/4goMWQl  -------------------------------------------- MINE: Start mining your own bitcoins with Compass. https://bit.ly/4eloP36  WATCH:  https://bit.ly/3XGkgus  -------------------------------------------- 💭 For those interested in learning more about Compass Mining, our offerings, and our mission, visit our official website at https://bit.ly/3XmgmFW and via links below: 🔗 About Us - https://bit.ly/3MXgzuc  🔗 Our Facilities - https://bit.ly/3XQXAYI  🔗 Home Mining Guide - https://bit.ly/3Zw6FHu  🔗 Hosted Mining Guide - https://bit.ly/3TCS8pU  🔗 Our Compass Mining Articles - https://bit.ly/3BdVkC3  🔗 Educational Content - https://bit.ly/3TB3qeg    💻 Follow Compass Mining on social media: 🔗 X - https://bit.ly/3Y1uLZT  🔗 Linkedin - https://bit.ly/4duOe9P  Happy hashing! 🤝

    32 min
  8. Behind-The-Scenes Of The Bitcoin Mining Museum With The Coin Dad, Lance Smith & Tyler Perras

    8 ABR

    Behind-The-Scenes Of The Bitcoin Mining Museum With The Coin Dad, Lance Smith & Tyler Perras

    In this episode of the Compass Mining Podcast, host Jarrett Carpenter sits down with Tobias Barber, also known as The Coin Dad, and the team behind the Bitcoin Mining Museum.They dive into the museum’s origin story, their passion for Bitcoin mining, and the mission to preserve the history of mining technology. The conversation covers the evolution of home mining, the significance of rare and vintage mining equipment, and the lasting impact of early players like Butterfly Labs. Listeners will gain insight into the challenges early miners faced, the future value of collectible hardware, and how mining has shaped the broader Bitcoin ecosystem. The episode also explores the team’s vision for a physical museum space—designed to be an educational hub and community center for Bitcoin enthusiasts. From mining history to future aspirations, this episode is a must-listen for anyone interested in the legacy and future of Bitcoin mining. ⛏️⚡️ EPISODE CHAPTERS ⛏️⚡️ 00:00 - Coin Dad's Episode Intro 00:35 - Episode Intro 00:54 - Introducing The Bitcoin Mining Museum Team & The Coin Dad 03:56 - Lance Smith Intro & Background Story 04:26 - Tyler Perras Intro & Background Story 06:32 - Bitcoin Mining Museum Background Story 08:52 - How Many Miners Are At The Museum? 10:56 - What Are The Rarest Miners The Museum Has? 13:25 - What Are The Teams' Favorite Rare Miners? 31:37 - Is The Bitcoin Mining Museum Looking To Sell Rare Units? 35:25 - Finding A Brick & Mortar Is The Next Step For The Museum 39:10 - Where Would The Best Site Be For The Bitcoin Mining Museum? 41:47 - Ultimate Vision - Bit World Center 45:02 - Could Washington DC Be The Spot? 46:02 - Could PubCs Sponsor The DC Bitcoin Mining Museum? Follow The CoinDad on X - https://x.com/TheCoinDad Follow Tyler on X - https://x.com/DoDockin Follow Lance on X - https://x.com/LanceHash Follow BMM on X - https://x.com/BTCMiningMuseum BMM / The Coin Dad On Telegram - https://t.me/thecoindad Visit the BMM Website - https://bitcoinminingmuseum.com/ Visit Bit World Center website - http://bitworldcenter.com/ Compass Mining is a Bitcoin-first company dedicated to democratizing the mining process and making it easy for those looking to delve into the world of Bitcoin mining.  Compass Mining is not just another company in the cryptocurrency space. We are a visionary enterprise, looking to reshape the landscape of Bitcoin mining. Whether you're a seasoned miner or someone just starting out, Compass offers the tools, resources, and support to guide you on your mining journey. If you're looking to dive into the world of Bitcoin mining or want to enhance your existing operations, Compass Mining is the partner you've been searching for. -------------------------------------------- LISTEN TO OUR SHOW: Spotify - https://spoti.fi/3MXg1o8  Apple - https://apple.co/4goMWQl  -------------------------------------------- MINE: Start mining your own bitcoins with Compass. https://bit.ly/4eloP36  WATCH:  https://bit.ly/3XGkgus  -------------------------------------------- 💭 For those interested in learning more about Compass Mining, our offerings, and our mission, visit our official website at https://bit.ly/3XmgmFW and via links below: 🔗 About Us - https://bit.ly/3MXgzuc  🔗 Our Facilities - https://bit.ly/3XQXAYI  🔗 Home Mining Guide - https://bit.ly/3Zw6FHu  🔗 Hosted Mining Guide - https://bit.ly/3TCS8pU  🔗 Our Compass Mining Articles - https://bit.ly/3BdVkC3  🔗 Educational Content - https://bit.ly/3TB3qeg    💻 Follow Compass Mining on social media: 🔗 X - https://bit.ly/3Y1uLZT  🔗 Linkedin - https://bit.ly/4duOe9P  Happy hashing! 🤝

    59 min
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From conversations with industry leaders to sharing internal stories about all things Bitcoin Mining, Compass Mining's episodes are curated to explore the latest in Bitcoin Mining. As a Bitcoin-first company, Compass Mining supports thousands of customers globally to mine Bitcoin. From enterprise level site-development and operational support via its Accelerated By Compass program to it's minimum-order-quantity Parts Store, Compass is a leader in Bitcoin mining.

Información

  • Creador
    Bitcoin Mining and Beyond
  • Años de actividad
    2024 - 2025
  • Episodios
    83
  • Clasificación
    Apto
  • Copyright
    © Bitcoin Mining and Beyond
  • Mostrar sitio web
    Compass Mining

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