Bitcoin miners can now verify their hashrate output with a few simple clicks, thanks to a new partnership between Compass Mining and Navier.
Compass Mining, the world's first online marketplace for Bitcoin mining hardware and hosting, and North American digital currency mining expert Navier announce today the launch of HashTest. It is a simple solution for providing third party verification of an individual Bitcoin miner's advertised hashrate. The tool addresses a longstanding transparency gap in the ASIC secondary market, where buyers have historically had to trust seller claims about machine performance.
HashTest supplies a standard Stratum URL and worker name to identify an ASIC's performance when deployed and track the usable life of the machines as long as they remain connected. The platform acts as an independent verification tool for buyers and sellers of ASICs who can match the advertised hashrate against live performance on location. For an industry built on cryptographic proof, the secondary hardware market has operated largely on trust. HashTest changes that equation by making machine performance independently verifiable in real time.
ASIC buyers have historically had little control or knowledge of their individual machines' performance once placed at a facility. This information gap creates friction in a market where hashrate directly translates to revenue. A machine underperforming by even a few percentage points can represent significant lost income over its operational lifetime. HashTest further professionalizes the Bitcoin ASIC market by ensuring sold products meet advertised specifications. The service will prove useful for customers who want to buy and sell used hardware, obtain insurance for their ASICs, and ensure their mining pools are properly compensating them for their hashrate contribution.
"HashTest is a tool we have created for everyone to identify independent and unbiased information regarding an ASIC," said Compass Mining CTO Paul Gosker. "HashTest will allow sellers to demonstrate the performance of an ASIC to a buyer."
"HashTest is the first globally available independent hashrate testing service," said Navier CEO Josh Metnick. "We are not a manufacturer, we are not a mine, we are not a pool, and we do not make firmware. Our only goal is to provide the most accurate and unbiased hashrate measurement. We believe these datasets will empower both small and large miners to make more informed decisions."
The launch comes at a time when Bitcoin mining operations are scaling rapidly across North America, and institutional capital is entering the space with demands for greater accountability and transparency. Independent verification tools like HashTest could become standard due diligence infrastructure, similar to how property inspections function in real estate transactions. As the ASIC secondary market matures and trading volumes grow, having a trusted third party to verify machine performance reduces risk for all parties involved. Miners deploying hundreds or thousands of machines at scale need confidence that each unit delivers expected output, not just assurances from brokers.
About Navier: Navier is a leading expert in mining digital currencies in North America. Since 2018, Navier has maintained a dual focus of large scale mining infrastructure consulting and enterprise miner management software for power utilities and generators.
Media Contact for Navier:
Josh Metnick, CEO
Inquiries: [email protected]
About Compass: Compass Mining is a bitcoin-first, proof-of-work mining company on a mission to strengthen Bitcoin's network by democratizing hash rate. Compass' mining marketplace offers easy procurement and deployment of mining machines for institutional and retail clients. Compass also produces industry-leading research and educational content through a variety of tailored media product offerings. Mining is a notoriously opaque sector of the Bitcoin industry, but Compass now serves as the guide for everyone's path to successfully mining bitcoin. Thanks to Compass, mining bitcoin has never been easier.
Media Contact for Compass:
Zack Voell, Content Director
Inquiries: [email protected]
