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    Home»Bitcoin»Compass Mining Companions With SpiderPool to Supply 1% Bitcoin Mining Pool Charges | UseTheBitcoin
    Compass Mining Companions With SpiderPool to Supply 1% Bitcoin Mining Pool Charges | UseTheBitcoin
    Bitcoin

    Compass Mining Companions With SpiderPool to Supply 1% Bitcoin Mining Pool Charges | UseTheBitcoin

    By Crypto EditorApril 27, 2026No Comments3 Mins Read
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    WILMINGTON, Del., April 27, 2026 /PRNewswire/ — Compass Mining, a number one supplier of Bitcoin mining infrastructure and providers, at this time introduced its new partnership with SpiderPool, the world’s fifth-largest Bitcoin mining pool. The partnership will supply Compass Mining clients a 1% pool price on Spider Pool’s FPPS cost technique, representing a 75% discount in comparison with the pool’s customary 4% price.

    The transfer comes as Bitcoin miners give attention to price effectivity amid tightening margins and traditionally low hashprice. By aggregating buyer hashrate throughout its platform, Compass Mining is ready to negotiate preferential charges sometimes reserved for bigger operations. This settlement provides clients a solution to cut back pool charges and enhance payout consistency.

    “Customers had been asking for higher charges, so we delivered. We always attempt to perceive our neighborhood’s ache factors and add as a lot worth as we are able to,” stated Shanon Squires, Chief Mining Officer at Compass Mining. “Due to this partnership, our clients will take pleasure in the identical industry-low charges that sometimes require large-scale commitments.”

    Spider Pool is a SOC 2 Kind 1 & Kind 2 licensed operation that presently accounts for round 8% of worldwide Bitcoin block manufacturing, making it one of many {industry}’s largest and most established mining swimming pools. As a part of the partnership, SpiderPool will record Compass Mining as a most well-liked internet hosting associate on its web site.

    “From the transparency of our mining pool to our give attention to non-custodial fashions, we’ve confirmed our dedication to decentralization and empowerment of particular person miners, and so has Compass Mining,” stated Jack Chen, Founder at SpiderPool. “We’re very proud to supply this particular fee to their neighborhood and hope it could actually make a significant distinction for his or her mining economics.”

    Compass Mining clients can entry the discounted SpiderPool FPPS fee by organising a SpiderPool sub-account with a “compass” prefix and linking it of their Compass Mining Dashboard. As soon as linked, the discounted price is utilized mechanically. Take a look at the step-by-step information to entry the SpiderPool price low cost right here.

    To raised perceive how payout fashions work and the way they have an effect on your mining expertise, learn: Understanding Bitcoin Mining Pool Payout Constructions: FPPS vs. PPLNS

    This partnership builds on Compass Mining’s broader efforts to safe higher pool charges for its clients, following prior collaborations with companions similar to NiceHash.

    About Compass Mining

    Compass Mining is a Bitcoin mining infrastructure and operations firm that gives people and establishments with entry to industrial-scale mining. By way of its platform, clients should buy ASIC {hardware}, host machines in professionally managed amenities, and entry end-to-end providers together with logistics, repairs, website administration, and ongoing operational assist.

    Compass Mining manages roughly 160 MW of capability throughout ~20 amenities in North America. The corporate focuses on reliability, transparency, and efficiency, with a customer-first method that helps miners from preliminary deployment via long-term operations. To study extra, go to compassmining.io.

    About SpiderPool

    SpiderPool is among the world’s main Bitcoin mining swimming pools, providing miners secure, safe, and environment friendly mining pool providers. Along with mining pool providers, SpiderPool supplies ASIC firmware optimization, internet hosting service, liquidity assist, and mining-related monetary merchandise, all designed to assist miners maximize profitability and handle operational dangers. We’re dedicated to constantly advancing the idea of a decentralized mining pool, with the final word purpose of attaining full transparency. To study extra about SpiderPool, go to www.spiderpool.com.





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