Compass Mining has announced the launch of a new Bitcoin mining facility in North Dakota, equipped with water-cooling technology.
Launch of New Facility in North Dakota
Compass Mining has energized a new 20 MW Bitcoin mining facility in North Dakota. Currently, 5.5 MW are operational, with the remaining capacity to be phased in. This supports hosting services for both institutional and individual clients.
Advantages of Water-Cooling Technology
The new equipment features water-cooling technology, offering significantly improved cooling efficiency compared to traditional air systems. This results in enhanced processing power, reduced energy consumption, and a more stable operating environment.
Compass Mining's Strategic Approach
Compass Mining's strategy combines self-owned facilities with partnerships to ensure operational reliability. In 2024, the company energized approximately 50 MW of capacity, strengthening its position as a leading provider of Bitcoin mining solutions.
The launch of the new facility in North Dakota with water-cooling technology is a significant step in Compass Mining's strategy for enhancing the efficiency and reliability of its services.
