Twitter CEO: We are trying to mine Bitcoin

According to BlockBeats, on August 19, Twitter CEO Jack Dorsey tweeted that he was "trying to use Compass Mining for mining." According to BlockBeats, Compass Mining is a Bitcoin mining hosting service provider that provides hosting and cryptocurrency mining services for miners who do not want to purchase and maintain mining equipment themselves. The starting price for purchasing mining services from Compass Mining is $8,200. The mining machine currently provided by the official website is the Antminer S19j Pro. The company's mines are mostly concentrated in North America and Canada. This year, the company received a strategic investment of $1.7 million, led by Galaxy Digital, followed by CMT Digital, Coinfund, Rarestone Capital, and Zac Prince.