Compass Mining has announced the addition of a 25-megawatt Bitcoin mining facility in Texas, according Odaily. The facility, set to be operational by the end of 2024, will initially run at 5 MW capacity, with plans for rapid expansion.

Key Details:

Capacity Expansion Timeline:

  • Initial capacity: 5 MW operational by the end of 2024.

  • Expansion to 25 MW by January 2025.

  • Further expansion to 60 MW by Q3 2025.

Equipment Deployment:

  • The facility will house relocated mining rigs from existing sites and new equipment.

  • New customers purchasing mining machines via Compass Mining's platform will have the option to deploy them at the "Texas 6" site starting January 2025.