Compass Mining Partners with Synota's “Impact Mining” initiative to transform Bitcoin Hashrate into community impact – Cryptomod
The initial donation supports a hospital and a village Nigeriawith plans for new expansion
Wilmington, del.,, May 23, 2025 / Prnewswire / – Compass Mining, one of the main infrastructure providers and Bitcoin extraction services, proudly announces its role as an inaugural donor of Synota's Impact mining initiative. Thanks to this revolutionary partnership, Compass transforms Bitcoin's IT power, or “hashrate” into a humanitarian resource: affordable and reliable energy for poorly served communities.
Thanks to this collaboration with Synota, Compass Mining aims to demonstrate another way in which the Bitcoin mining industry can contribute directly to access to energy, health care and education in poorly served communities without leaving the data center.
“It's hashrate with heart,” said Paul GoskerCEO of Compass Mining. “We are proud to show our customers and the broader industry on how bitcoin extraction can improve lives, not just balance sheets.”
As part of the Impact Mining Initiative, Mining Mining led part of the exit from its operating machines to a Bitcoin extraction pool configuration provided by Synota and managed in the name of Renewvia Solar Africa, mini-energy-free mini-grilles operator in mini-grilles Africa. The income generated by this hashrate are used to compensate for electricity costs for critical infrastructure in Nigeria.
- HAS Oloibiri HospitalThe compass contribution contributes to covering monthly power invoices. This allows the establishment to redirect resources to patient care. Serving more than 3,600 patients per year and having delivered more than 34,000 babies since 2010, this hospital has now been empowered to treat hundreds more.
- In OzuzuA rural village linked to a solar mini-network in 2021, 150 houses, businesses and a school now benefit from a 20% reduction in energy costs thanks to the impact exploitation. The drop in energy prices means more lighting, more use of technology and, ultimately, more economic opportunities.
“Bitcoin Mining has always been an engine of energy innovation,” said CJ Burnett, income director at Compass Mining. “Now it is an engine of energy opportunities. A small part of Global Hashrate offers an oversized impact for real people. ”
Compass Mining considers this initiative as proof of concept that mining can be more than profitable; This can be determined. Whether thanks to a direct machine allowance or partial hashrate donations, each resolved block can help power a brighter world. For the future, Synota plans to extend the impact mining and mining mining initiative intends to continue the partnership.
“We are delighted that the compass a compass is the way,” said Austin Mitchell, CEO and co-founder of Synota. “They have shown that any minor, anywhere in the world, can participate in the impact exploitation simply by redirecting part of their hashrate thanks to a shared pool configuration. It's a small step that can make a big difference. Hashrate donation also offers tax advantages, and we build the infrastructure to support this. ”
To find out more about impact exploitation, visit Synota.io/imPact-Diing.
About Mining Compass
Compass Mining is a customer-oriented company that provides a platform to individuals and businesses to buy Bitcoin operating equipment, host machines, build and manage mining facilities and access a range of auxiliary services. With a commitment to exceptional customer support and transparency, Compass Mining defines the reference for Bitcoin extraction accommodation. Its mission is to make Bitcoin extraction accessible to everyone. To find out more about the operation of the compass or to start using today, visit Compassmining.io.
