Compass Mining
Compass Mining is a Bitcoin mining hosting platform that enables individuals, SMBs, and enterprise miners to purchase ASIC hardware, deploy it at 20+ verified facilities totaling 160+ MW of capacity, and manage operations through an integrated dashboard, marketplace, and managed-services program.
- Company typePrivate
- Founded2020
- HeadquartersWilmington, United States
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
What Compass Mining does
Compass Mining is a privately held Bitcoin mining hosting platform that enables individuals, small businesses, and enterprise mining operators to purchase ASIC hardware and have it deployed in professionally managed facilities without requiring technical expertise in facility operations, power procurement, or miner maintenance. The company is incorporated in Delaware, headquartered in Wilmington, Delaware, and has operated as a 'Bitcoin-first' business since its 2020 founding with a mission to decentralize hashrate and strengthen the Bitcoin network.
The platform is built on three integrated layers: (1) a retail and marketplace channel for new and used Bitcoin mining ASICs (Antminer and Whatsminer models) sold directly through the compassmining.io e-commerce site and a peer-to-peer marketplace with KYC verification and a 7-day warranty; (2) hosted mining services at a verified network of 20 facilities across the United States and Canada totaling more than 160 MW of capacity, where Compass handles deployment, power, environment, monitoring, and 24/7 support; and (3) an enterprise managed-services program ('Accelerated by Compass Mining') covering site procurement, construction, operations management, energy optimization, and infrastructure monetization. The technology backbone is a real-time customer dashboard for fleet performance, invoicing, and pool configuration, an in-house repair center with board-level technicians, and a 95% uptime guarantee delivered through a combination of miner uptime and service-level credits. The product surface is reinforced by Autopay, Prepaid Credits (up to 20% discount), hardware Payment Plans, a Miner Upgrade trade-in program, Compass Mining Protection insurance, and a procurement service.
Compass Mining generates revenue through six streams: (1) hardware sales ($1 to $9,999+ per unit), (2) recurring monthly hosting fees of $167-$225 per miner depending on facility and model, (3) transaction commissions on the peer-to-peer marketplace, (4) repair services for hash boards, fans, PSUs, and control boards, (5) prepaid credit sales at discounts of up to 20%, and (6) professional-service fees from the Accelerated enterprise program. The company serves three segments: individual and SMB miners (the primary base of 10,000+ customers), enterprise and mid-market miners (targeted via the Accelerated program), and hosting facility partners (which use Compass to fill colocation capacity). Distribution combines a product-led, self-serve e-commerce experience for retail customers with a dedicated enterprise sales motion for institutional clients, supported by content marketing, an industry-leading Bitcoin mining research series, a podcast, and active social channels. To date, Compass has sold 100,000+ machines, manages 5.9 EH/s of hashrate on behalf of customers, and most recently energized a 20 MW Texas site in October 2025 and the Texas 8 10 MW site near Odessa in January 2026.
Compass Mining firmographics
Firmographics- Name
- Compass Mining
- Legal name
- Compass Mining Inc.
- Website
- https://compassmining.io
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Compass Mining is a Bitcoin mining hosting platform that enables individuals, SMBs, and enterprise miners to purchase ASIC hardware, deploy it at 20+ verified facilities totaling 160+ MW of capacity, and manage operations through an integrated dashboard, marketplace, and managed-services program.
- Ownership category
- akta.pro rank
Compass Mining industry classification
Industry- Product category
- Bitcoin Mining Hosting Services
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210), Mining Machinery and Equipment Manufacturing (333131)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532)
- akta.pro primary industry
- Mining Hosting, Colocation & Managed Facilities (FSADAOAE)
- akta.pro secondary industries
- Mining Software, Firmware & Monitoring Platforms (FSADAOAF), Mining Infrastructure & Energy Procurement (Power, Cooling, Grid Services) (FSADAOAG)
Keywords
Where Compass Mining is headquartered
LocationHeadquarters
- HQ city
- Wilmington
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Compass Mining business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Infrastructure, Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- Hardware Sales: Sale of new and second-hand Bitcoin mining ASIC hardware including Antminer and Whatsminer models. Customers purchase miners directly through the website with prices ranging from $1 to $9,999+ depending on model and condition.
- Hosted Mining Services: Monthly hosting fees for miners deployed at verified facilities. Fees range from approximately $167-$225 per month depending on facility and miner type. Includes 24/7 monitoring, maintenance, and support.
- Marketplace Commission: Facilitates buying and selling of used mining hardware between customers. 7-day warranty on marketplace purchases ensures quality and ownership transfers.
- Repair Services: Comprehensive repair services for all miner types including hash boards, fans, power supply units, and control boards. Competitive pricing with fast turnaround and dashboard tracking.
- Prepaid Credits: Customers purchase hosting credits in advance at up to 20% discount. Credits applied to monthly hosting invoices or up to $500 toward new hardware purchases.
- Accelerated Program Services: Managed services for enterprise miners including procurement and construction, operations and management, energy optimization, and infrastructure monetization. Revenue from consulting and service fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Hybrid | Monthly | Hosted mining with miner purchase |
| Usage-based | Pay-as-you-go | Prepaid credits for hosting discount |
| Other | Monthly | Payment plan for hardware |
| Unit Pricing | Pay-as-you-go | Second-hand miners on marketplace |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels6 records
Compass Mining product offering
Product offeringCore offering
Compass Mining operates a Bitcoin mining hosting platform that enables customers to purchase ASIC mining hardware and have it deployed, powered, and maintained at a network of verified third-party facilities. The platform bundles hardware procurement, professional hosting with 24/7 monitoring, a peer-to-peer marketplace for used miners, repair services, and an enterprise managed-services program called Accelerated by Compass Mining. Customers retain full ownership of their hardware and mining rewards throughout the relationship.
Product overview
Compass Mining is a Bitcoin mining hosting platform offering a comprehensive suite of products centered around hosted Bitcoin mining. The core offering is Hosted Mining where customers purchase ASIC miners and have them professionally hosted in verified facilities. The platform provides integrated add-on services including a Hardware/Marketplace for buying/selling miners, Miner Repairs, Miner Upgrade Program, Autopay, Prepaid Credits, Payment Plans, and Compass Mining Protection for hardware insurance. The Accelerated by Compass Mining program offers enterprise-grade managed services including procurement and construction, operations management, energy optimization, and infrastructure monetization. The Verified Facilities Network provides access to hosting locations across the US with various energy sources.
Differentiator
Problem solved
Functional benefit
Products and services
- Hosted Mining
- Hardware Marketplace
- Miner Repairs
- Accelerated by Compass Mining
- Compass Mining Protection
- Procurement Services
- Verified Facilities Network
Quantifiable outcome
- 5.9 EH/s hashrate under management
- +3 more outcomes
Companies that use Compass Mining
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
Compass Mining technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Compass Mining partnerships and signals
Strategic signalScale indicators8 records
Recent moves8 records
Expansion highlights6 records
Compass Mining competitors and assessment
Company assessmentDirect peers
- Bitdeer Technologies: Bitdeer is a vertically integrated crypto mining and hosting platform offering hosted mining, cloud hashrate, and self-mining. Closest direct competitor to Compass Mining's hosted-mining and marketplace model, serving both individual miners and institutional clients with similar facility-based offerings.
- Core Scientific: Core Scientific operates a large Bitcoin mining hosting and colocation business alongside self-mining. Following its Chapter 11 emergence, it has refocused on hosting third-party miners—a model directly overlapping Compass Mining's hosted-mining core offering for institutional and SMB clients.
- Foundry Digital: Foundry Digital (a Digital Currency Group company) provides institutional Bitcoin mining services including equipment financing, hosting coordination, and a mining pool. Directly comparable to Compass Mining's enterprise-focused 'Accelerated' program and infrastructure monetization services.
Broad incumbents
- Bitfarms: Bitfarms is a publicly traded Bitcoin miner with vertically integrated operations in the U.S., Canada, and South America. A broad incumbent that competes for hosting demand and shares Compass's North American footprint, though focused primarily on self-mining.
- CleanSpark: CleanSpark operates Bitcoin mining facilities in the U.S. and has acquired hosting capacity through recent transactions. A broad incumbent competing in the same U.S. hosting market as Compass, though primarily a self-miner rather than a retail/SMB hosting platform.
- Riot Platforms: Riot Platforms operates large-scale Bitcoin mining and hosting facilities in Texas. A broad incumbent competing for institutional and facility-level hosting demand; its scale and public-company cost of capital differentiate it from Compass's SMB-focused platform model.
- Iris Energy: Iris Energy operates large-scale Bitcoin mining data centers powered by renewable energy. Comparable to Compass's energy-source-diversified hosting model but at institutional scale with a focus on self-mining rather than third-party hosting.
- Marathon Digital Holdings: Marathon Digital is one of the largest publicly traded Bitcoin miners with significant hosting capacity and an emerging focus on HPC/AI hosting. A broad incumbent that competes with Compass for institutional hosting clients but primarily self-mins rather than serving individual/SMB miners.
- Hut 8: Hut 8 is a publicly traded Bitcoin mining and digital infrastructure company with hosting operations across North America. Comparable to Compass as a hosting provider but also runs self-mining and recently expanded into AI/HPC hosting, giving it broader scope.
Emerging players
- Hashr8: Hashr8 is a smaller Bitcoin mining hosting and colocation platform serving individual miners and SMBs with curated hosting facilities. A smaller-scale emerging player with a similar focus on accessible hosted mining, though with a more limited facility footprint than Compass's 20 sites.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Compass Mining social profiles
Digital presenceCompass Mining compliance and trust
Trust signalCompliance1 record
Compass Mining financial estimates
Financial estimateRevenue estimate
Valuation estimate
Compass Mining leadership team
Management profileNumber of profiles
Profiles8 records
Compass Mining funding detail
Funding detailFunding overview
Funding rounds1 record
Investors8 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Compass Mining M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Compass Mining
What does Compass Mining do?
Compass Mining operates a Bitcoin mining hosting platform that enables customers to purchase ASIC mining hardware and have it deployed, powered, and maintained at a network of verified third-party facilities. The platform bundles hardware procurement, professional hosting with 24/7 monitoring, a peer-to-peer marketplace for used miners, repair services, and an enterprise managed-services program called Accelerated by Compass Mining. Customers retain full ownership of their hardware and mining rewards throughout the relationship.
Is Compass Mining a public or private company?
Compass Mining is a private company. It is classified as venture growth investor backed and is currently operating.
When was Compass Mining founded?
Compass Mining was founded in 2020. It employs 51 to 100 people.
Where is Compass Mining based?
Compass Mining is headquartered in Wilmington, United States, in the North America region.
How does Compass Mining make money?
Six revenue lines are on record. Hardware Sales are the primary driver. The others are hosted Mining Services, marketplace Commission, repair Services, prepaid Credits and accelerated Program Services.
Who are Compass Mining's main competitors?
Direct peers on record are Bitdeer Technologies, Core Scientific and Foundry Digital. Broad incumbents are Bitfarms, CleanSpark, Riot Platforms, Iris Energy, Marathon Digital Holdings and Hut 8. Hashr8 is listed as an emerging player.
Does Compass Mining have an API?
No public API is recorded for Compass Mining.
What industry is Compass Mining in?
Compass Mining's product category is Bitcoin Mining Hosting Services. Its primary akta.pro industry code is FSADAOAE, Mining Hosting, Colocation & Managed Facilities, with a secondary code of FSADAOAF, Mining Software, Firmware & Monitoring Platforms. Its NAICS code is 518 and its SIC code is 7370.