Dynamics Mining has taken to Twitter on June 27, 2022, to reveal that it has terminated its hosting contract with Compass Mining, alleging that the latter has failed to pay its power consumption bills for its bitcoin (BTC) mining activities.
DynamicsMining Stops Servicing Compass Mining
DynamicsMining, a United States-based 100 percent renewable energy-powered bitcoin mining facility, has revealed that it has ended its contract with Compass Mining, claiming that the latter has failed to make the complete payment for its power consumption.
In a tweet on June 27, 2022, DynamicsMining stated that it terminated Compass’ facility hosting contract in its Maine data center on June 14, 2022, alleging that Compass has six late payments and three non-payments of its electricity bills and hosting fees. DynamicsMining also attached a copy of the notice of contract termination letter it sent to the CompassMining team on June 10, 2022.
Source: https://crypto.news/dynamicsmining-terminates-contract-with-compass-mining-over-electricity-fees-debt/