Compass Mining

• 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

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• 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 questionsThe 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

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• 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 mostSection 179 deductions for smaller operatorsCapital planning strategies for 2025The still-unsolved problem of double taxationWhat to watch for in upcoming legislation like the GENIUS Act and Crypto Tax Fairness ActWhether 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. 

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• 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

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• 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' Intro00:28 - Episode Intro01:29 - Nicolas' Bitcoin & Mining Journey05:25 - Heating Above vs Inground Pool With Bitcoin Mining07:12 - Economics To Heat Pool With Constellation09:41 - Satoshi vs OG Product Developments13:30 - Who's The Ideal Customer Avatar?18:45 - S19, S21 Form Factor Appropriate Products20:20 - Open To Other Miners? BitDeer Seal Miner?23:29 - How Are Tariffs Impacting Work?28:30 - Navigating Monopolies Within Bitcoin Mining30:25 - Proto Chip Timelines31:40 - 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_GridCompass 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! 🤝

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