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Report: Compass to Sell $30 Million in Crypto Mining Equipment Located in Russia

Post author:MiamiCrypto
Post published:April 24, 2022
Post category:Bitcoin Mining Bitriver bloomberg BTC Mining BTC Mining Equipment CEO of Compass Mining Compass Compass Mining Financial Sanctions Miners Mining mining equipment Norilsk OFAC Russia Russian Federation Sanctions Siberia U.S. Treasury Department Ukraine Ukraine-Russia war Whit Gibbs

The U.S.-based company Compass Mining plans to sell $30 million worth of bitcoin mining equipment that’s currently located in Siberia. The decision to sell the mining rigs follows the U.S.…