Compass Mining, a bitcoin (BTC) mining infrastructure provider, announced Friday it is the inaugural donor to Synota’s “Impact Mining” program. The initiative converts the Bitcoin network’s hashrate—computing power used to mine the leading cryptocurrency—into funding for affordable energy infrastructure in regions lacking reliable electricity.
Through the partnership, Compass allocates mining resources to a Synota-managed pool, with proceeds offsetting power bills for Nigeria’s Olobiri Hospital and the solar-powered village of Ozuzu. The hospital, which serves 3,600 patients annually and has delivered 34,000 babies since 2010, now reallocates saved funds toward medical supplies.
Synota’s “Impact Mining” program
According to Compass and Synota, in Ozuzu, 150 homes and a school benefit from a 20% reduction in energy costs, enabling expanded technology use and economic activity.
“This is hashrate with heart,” said Compass CEO Paul Gosker, emphasizing Bitcoin mining’s potential to drive social impact alongside profit. CJ Burnett, Compass’s chief revenue officer, noted the initiative proves “a small portion of global hashrate” can deliver outsized community benefits.
Synota CEO Austin Mitchell said the model allows miners worldwide to participate by donating partial hashrate, which may also offer tax advantages. The companies plan to expand the program, positioning it as a blueprint for merging cryptocurrency operations with humanitarian goals.
The project highlights bitcoin mining’s role in advancing energy innovation while addressing global inequities. Compass and Synota aim to showcase how decentralized technology can empower communities without sacrificing operational efficiency.
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