Compass Mining CEO, CFO resign after utility payment defaults allegations

Compass Mining execs resign amid utility payment default allegations

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Delaware-based Bitcoin mining hosting firm Compass Mining announced Tuesday that its chief executive officer Whitney Gibbs and chief finance officer Jodie Fisher have resigned, effective immediately.

See related article: U.S. leads in Bitcoin mining as China’s share drops to zero: Cambridge data

Fast facts

  • The firm’s board has appointed chief technology officer Paul Gosker and chief mining officer Thomas Heller as co-presidents and interim CEOs.
  • Dynamics’ allegations are “completely incorrect [and] lack any factual support,” Compass said in a statement.
  • Compass has filed a lawsuit and requested expedited relief to protect itself and consumer interests, Compass said.

See related article: Bitcoin mining difficulty reading drops 2.35% in latest adjustment





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