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Cryptoknowmics 2022-06-29 08:08:47

Compass Mining CEO and CFO Resign Effective Immediately

Compass Mining (CMP), a provider of bitcoin mining hosting and brokerage services, announced in an email that CEO Whit Gibbs and Chief Financial Officer Jodie Fisher had immediately left their positions. The board appointed Chief Technology Officer Paul Gosker and Chief Mining Officer Thomas Heller as temporary co-presidents and CEOs; a search for a permanent replacement is going on. "Through this restructuring, the company is wholly focused on regaining the goodwill of our stakeholders and the community, as well as delivering on our mission of providing best-in-class service for miners of all sizes."https://t.co/wWcTcz8m9y — Compass Mining 🧭 (@compass_mining) June 28, 2022 Resign After Compass Mining Neglected According to the statement, “Compass Mining was established to make mining simple and available.” “The corporation is aware that numerous obstacles and disappointments have hindered achieving that goal. The company entirely focused on restoring the trust of its stakeholders and the community through this restructure and fulfilling its purpose to offer best-in-class service to miners of all sizes.” The resignations occurred soon after claims that CMP neglected to make utility payments at a Dynamics Mining-owned operation in Maine surfaced. In a letter sent to Compass Mining on June 10th, Dynamics Mining claimed that the firm had not paid for utilities, monthly hosting costs, and two of its facilities, Oxford and Lewisto...

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