Compass Mining is a Bitcoin (BTC) hosting company offering managed mining services to Bitcoin miners. Customers can purchase ASIC miners from the Compass website and have them installed at one of several locations.
The charges allegedly came to $1.2 million, of which just over half has been paid over the past 6 months.
The facility is in Maine, a state with the highest electricity cost in North America. The expenditure could be a factor in Compass Mining’s inability to pay. However, the facility in question claims to be 100% renewable and carbon-neutral so it is possible that …