Compass Mining
Wilmington, US · Founded 2019 · 2 known investors
Compass Mining offers Bitcoin mining hardware hosting, letting individual miners buy machines and run them in facilities around the world. The company automates the hosting experience and provides 24/7 support with the goal of decentralizing Bitcoin hashrate.
Also known as Compass Mining, Inc.
Founders & leadership
Compass Mining was founded in 2019 by Whitney Gibbs.
Board
Investors · 2
Reported raises · per SEC filings
Form D private placements$1.7M disclosed across 1 round · 2021
▶$1.7MraisedFeb 2021 · 12 investors · OtherRule 506(b)
- Whitney GibbsExecutive Officer, Director, Promoter
- Paul GoskerExecutive Officer, Director
- Thomas HellerExecutive Officer, Director
- James BurdenDirector
- Offering amount
- $1.7M
- Amount sold
- $1.7M
- Minimum investment
- $10K
- Proceeds to insiders
- $360K
- First sale
- Feb 2021
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026Compass Mining, Inc. is a Bitcoin-focused platform through which individuals and businesses can buy Bitcoin mining hardware and have it hosted in data centers. The company sources and ships miners, verifies and contracts with hosting facilities, and gives customers a dashboard to monitor machine performance, configure their mining pool, view and pay hosting invoices, and manage operations remotely. Its stated mission is to make Bitcoin mining accessible to more people and to support the decentralized growth of hashrate and network security.
Beyond hardware sales and hosting, Compass Mining operates a set of ancillary services: a Marketplace where customers can list and sell used machines, a repairs service, a hardware upgrade program, procurement services, and payment features including autopay, prepaid credits and payment plans. For facility operators and enterprise-scale miners, the company runs a Bitcoin Mining Site Accelerator Program and a verified-facility application process, positioning itself as the sales, marketing and client-management layer for hosting sites. It also publishes research, educational content and a podcast for the mining audience.
The company's registered address is 251 Little Falls Drive, Wilmington, Delaware. Its leadership team includes Paul Gosker (chief executive officer and co-founder), Thomas Heller (co-founder), Emre Demirors (chief information security officer), Christopher Burnett (chief revenue officer), Shanon Squires (chief mining officer) and Eric Alfuth (chief financial officer).
Compiled by commissioned research from 7 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
In the news
▸Research sources · 7
primary sources listed
- Compass Miningcompassmining.io · web
7 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Compass Mining do?
- Compass Mining sells Bitcoin mining hardware and places customer machines in third-party hosting facilities worldwide.
- Who founded Compass Mining?
- Compass Mining was founded by Whitney Gibbs in 2019.
- Who are Compass Mining's investors?
- Compass Mining's investors include CoinFund, Kesha Ventures.
- How much funding has Compass Mining raised?
- Compass Mining has disclosed $1.7M raised across 1 round.
- Where is Compass Mining headquartered?
- Compass Mining is headquartered in Wilmington, US.

