Compass Mining Expands Texas Operations with 25MW Bitcoin Mining Facility, Plans Further Expansion

More than 50 MW brought online in 2024 across six states, with 35 MW brought online by 2024 January 2025

Wilmington, Del., December 20, 2024 /PRNewswire/ — Compass Mining (“Compass” or the “Company”), a leading provider of Bitcoin mining hardware, hosting and operational solutions, proudly announces the addition of a new 25 MW Bitcoin mining facility in Texas For its growing network of operations in North America. The facility has already been fully built and will be operational with an initial capacity of 5 MW by the end of the year, rising to 25 MW early in the year. January 2025. Compass also plans to expand the facility’s capacity to 60 MW by the third quarter of 2025.

New Texas The facility will include a mix of hardware moved from existing Compass sites, as well as newly deployed units, ensuring continuity for existing customers while offering a seamless, integrated Bitcoin mining experience for new customers. by January 2025New customers who purchase machines through the Compass platform will have the option to deploy them on “Texas Location 6″.

“Our new Texas “The facility represents another milestone in our mission to make Bitcoin mining accessible to everyone,” he said. Paul JoskerCEO of Compass Mining. “We have a wealth of experience from successfully operating in multiple locations TexasNavigate unique network dynamics and leverage local resources. For this site, we will offer our support and expertise, including assisting our site partner in recruiting expert technicians who meet Compass’ high standards. This ensures high uptime and reliability, providing the quality our customers expect.”

Compass’s strategy combines vertical integration through own facilities, e.g new yeah 4 Location, through partnerships with third-party facilities known for high uptime and reliability. This dual approach allows the company to maintain operational flexibility while providing reliable hosting solutions. The company has activated a total of approximately 50 MW of power across mining facilities in Indiana, yeah, Ohio, Kentucky, nebraskaand Texas in 2024, with plans to add another 35 MW by 2024 January 2025.

About compass mining

Compass Mining is a customer-first company that provides a platform for individuals and businesses to purchase Bitcoin mining hardware, host machines, build and manage mining facilities, and access a range of additional services. With a commitment to exceptional customer support and transparency, Compass Mining sets the standard for Bitcoin mining hosting. Its mission is to make Bitcoin mining accessible to everyone. To learn more about Compass Mining or to start mining today, visit com.compassmining.io.

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Source Compass Mining