# Compass Mining Partners With SpiderPool to Offer 1% Bitcoin Mining Pool Fees

- Link: https://www.thailand-business-news.com/pr-news/compass-mining-partners-with-spiderpool-to-offer-1-bitcoin-mining-pool-fees
- Published: 2026-04-27T20:00:00+07:00
- Author: PR Newswire

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WILMINGTON, Del., April 27, 2026 /PRNewswire/ — [Compass Mining](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4673106-1&h=2946306663&u=https%3A%2F%2Fcompassmining.io%2F&a=Compass+Mining),
a leading provider of Bitcoin mining infrastructure and services, today announced
its new partnership with [SpiderPool](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4673106-1&h=3373667508&u=http%3A%2F%2Fwww.spiderpool.com%2F&a=SpiderPool),
the world’s fifth-largest Bitcoin mining pool. The partnership will offer Compass
Mining customers a 1% pool fee on Spider Pool’s FPPS payment method, representing
a 75% reduction compared to the pool’s standard 4% fee.

The move comes as Bitcoin miners focus on cost efficiency amid tightening margins
and historically low hashprice. By aggregating customer hashrate across its platform,
Compass Mining is able to negotiate preferential rates typically reserved for larger
operations. This agreement gives customers a way to reduce pool fees and improve
payout consistency.

"Users were asking for better rates, so we delivered. We constantly try to understand
our community’s pain points and add as much value as we can," said Shanon Squires,
Chief Mining Officer at Compass Mining. "Thanks to this partnership, our customers
will enjoy the same industry-low rates that typically require large-scale commitments."

Spider Pool is a SOC 2 Type 1 & Type 2 certified operation that currently accounts
for around 8% of global Bitcoin block production, making it one of the industry’s
largest and most established mining pools. As part of the partnership, SpiderPool
will list Compass Mining as a preferred hosting partner on its website.

"From the transparency of our mining pool to our focus on non-custodial models, 
we have proven our commitment to decentralization and empowerment of individual 
miners, and so has Compass Mining," said Jack Chen, Founder at SpiderPool. "We are
very proud to offer this special rate to their community and hope it can make a 
meaningful difference for their mining economics."

Compass Mining customers can access the discounted SpiderPool FPPS rate by setting
up a SpiderPool sub-account with a "compass" prefix and linking it in their Compass
Mining Dashboard. Once connected, the discounted fee is applied automatically. Check
out the step-by-step guide to access the SpiderPool fee discount [here](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4673106-1&h=1680353844&u=https%3A%2F%2Fsupport.compassmining.io%2Fhc%2Fen-us%2Farticles%2F35375434082461-How-to-get-the-SpiderPool-fee-discount&a=here).

To better understand how payout models work and how they affect your mining experience,
read: [Understanding Bitcoin Mining Pool Payout Structures: FPPS vs. PPLNS](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4673106-1&h=2465285553&u=https%3A%2F%2Fcompassmining.io%2Feducation%2Fbitcoin-mining-pool-payout-structures-explained-comparing-fpps-vs-pplns&a=Understanding+Bitcoin+Mining+Pool+Payout+Structures%3A+FPPS+vs.+PPLNS)

This partnership builds on Compass Mining’s broader efforts to secure better pool
rates for its customers, following prior collaborations with partners such as NiceHash.

**About Compass Mining**

Compass Mining is a Bitcoin mining infrastructure and operations company that provides
individuals and institutions with access to industrial-scale mining. Through its
platform, customers can purchase ASIC hardware, host machines in professionally 
managed facilities, and access end-to-end services including logistics, repairs,
site management, and ongoing operational support.

Compass Mining manages approximately 160 MW of capacity across ~20 facilities in
North America. The company focuses on reliability, transparency, and performance,
with a customer-first approach that supports miners from initial deployment through
long-term operations. To learn more, visit [compassmining.io](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4673106-1&h=3930727736&u=http%3A%2F%2Fcompassmining.io%2F&a=compassmining.io).

**About SpiderPool**

SpiderPool is one of the world’s leading Bitcoin mining pools, offering miners stable,
secure, and efficient mining pool services. In addition to mining pool services,
SpiderPool provides ASIC firmware optimization, hosting service, liquidity support,
and mining-related financial products, all designed to help miners maximize profitability
and manage operational risks. We are committed to continuously advancing the concept
of a decentralized mining pool, with the ultimate goal of achieving full transparency.
To learn more about SpiderPool, visit [www.spiderpool.com](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4673106-1&h=823979787&u=https%3A%2F%2Fwww.spiderpool.com%2F&a=www.spiderpool.com).

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