According to BlockBeats, Compass Mining has announced the establishment of a new 25-megawatt Bitcoin mining facility in Texas. The facility is fully constructed and is set to commence operations by the end of the year, initially operating at a capacity of 5 megawatts. By early January 2025, the capacity is expected to increase to 25 megawatts.
Compass Mining also plans to further expand the facility's capacity to 60 megawatts by the third quarter of 2025. The new site will accommodate mining machines relocated from Compass's existing locations as well as newly deployed equipment. Starting January 2025, new customers purchasing mining machines through the Compass platform will have the option to deploy them at the 'Texas 6' site.