Thread by @AnthonyDessauer

In all my years of Bitcoin. @compass_mining is the only scam that got me.

I got out of @BlockFi years before it fell apart. I shitcoined a little because I didn’t know better. But eventually I learned. And I didn’t really lose out on shitcoins because I stopped.

But
1/

The whole sales pitch of “now you can mine too” totally fucking got me.

I can’t mine where I live.I wanted to mine. So that sounded good.

So first, I bought the miner at the top of their value. They cost 10x more then what you can get them for now. That’s my fault. Because,
2/

I didn’t know how the value of miners fluctuate. Now I do.

But here’s what compass did. Once purchased. They were delayed in getting my miner up and going. I didn’t give them a hard time. They were a new company, lots of demand. I’m not a guy that complains.

But, I lost
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millions of sats because they didn’t get my miner up and running when they said they would.

But 1 day it was up. I was happy. It ran smoothly 24/7 never went down, just hashed and hashed and hashed. HURRAY!

Then one day I get a notice. That the facility my miner was at,
4/

Was closing and my miner had to be moved to Texas.

Ok, that doesn’t sound great, but shit happens. My miner was down again and once again that down time cost me millions of sats.

Compass will give you credit for down time. But it never equals the life at sats.

5/

So now my miner is at Texas. And I get an email from compass. Hey buddy, remember how we agreed that you rate would be “xxx” per month.

Lol, I know you thought that was an agreement but it wasn’t, now you pay more ok.

Oh and did I mention in Texas my miner goes down
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10-20 times a day.

Same deal, tech support, I gets fixed/not fixed/credits/no credits/

For months, maybe a year I dunno, a long fucking time. Then I get another email.

Hey buddy, remember when we raised your fee from xxx, did you think we wouldn’t do that again?

7/

Well. They did it again.

Now my choice to buy a miner based on math of “cost of miner/ monthly fee VS sats mined” is all fucked off. I’m losing out. More sats are being spent then mined. It would be ok if miner wasn’t going offline all the fucking time, but it is.

8/

So now after years of abuse I just want out. I can’t pay a losing battle anymore. They let me know if I don’t pay they shut my miner off. Ok, that seems fair. I’ll stop paying and when I have the time and I’m not completely pissed at you, I’ll email you so you can send me
9/

My miner. Cool.

Today I sent that email.

They want me to pay for invoices when they shut off my miner.

They total cost of the invoices and shipping cost is about the value of the the miner.

10/

.

@compass_mining you are not getting one more fucking sat from me.