CandleFocus Bitcoin Mining Firm Compass Establishes 30 MW Site in Iowa
2024-11-20
Author: Content Editor
Compass Mining is building a new Bitcoin mining facility in Iowa as part of its strategy to expand its self-owned infrastructure portfolio in the United States. The facility will initially have eight megawatts of capacity, with plans to expand to 30 MW by January 2025. The move is aimed at reducing dependence on third-party operators and enhancing operational control. Customers purchasing mining hardware through Compass will have the option to deploy their machines at the new site. This development is part of Compass Mining's broader expansion efforts across the United States as demand for Bitcoin mining infrastructure grows.
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