ChainCatcher News: Bitcoin mining company Compass Mining has announced the addition of a 25 megawatt Bitcoin mining facility in Texas. The facility has been fully constructed and will be operational by the end of the year, with an initial capacity of 5 megawatts, expanding to 25 megawatts by early January 2025. Compass also plans to increase the facility's capacity to 60 megawatts by the third quarter of 2025.

The new facility will accommodate mining machines relocated from Compass's existing sites as well as newly deployed equipment. By January 2025, new customers purchasing mining machines through the Compass platform will have the option to deploy at the 'Texas 6' site.