One way that Compass did that was to sell bundles of rigs, averaging a predetermined amount of hashing power, which would be gradually going online over several months. The bundles cost anywhere from around $48,000 to $65,000 just for the machines, including $26,000 to $34,000 in upfront costs, according to marketing materials seen by CoinDesk.
Related posts
-
Bitcoin (BTC) Mining Economics Improved in the First Half of November: JPMorgan
The hashprice, a measure of mining profitability, “increased 29% since the end of October as the... -
Crypto mining giant Marathon plans $700m convertible note to buy Bitcoin
Marathon Digital announces a $700 million private convertible note offering to fund debt repayment, Bitcoin purchases,... -
Bitcoin mining profits in Russia to face new 15% tax rules, officials say
The Russian government has greenlit draft amendments to a bill aimed at taxing crypto mining and...