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.