Phase I of a peak installation now online; Construction of the remaining capacity to start in the fourth quarter
Wilmington, del., April 29, 2025 / Prnewswire / – Component (The “Company”), a first supplier of Bitcoin, accommodation and operational solutions exploration equipment, has announced today the successful power of phase I of its new self -proclaimed cutting -edge operating installation in Iowa. The first phase, with an energy capacity of 8 megawatts (MW), is now fully operational, the construction of the remaining capacity should start in the fourth quarter.
Located on a 5 -acre Greenfield site, the new installation of Iowa marks an important step in the business growth strategy, increasing its self -proclaimed infrastructure portfolio. The possession and exploitation of a entirely site allowing the company to strengthen control of its operations and to offer increased flexibility to its customers, who now have the possibility of selecting “Iowa 4” as a deployment location for new machines purchased via the Compass Mining platform.
“The widening of our self -proclaimed infrastructure is a crucial step in strengthening the position of Compass Mining as a leader in Bitcoin farm accommodation,” said Paul Gosker, CEO of Compass Mining. “The possession and operation of our own sites offer customers greater operational control while allowing them to choose from our network of reliable third -party installations to best meet their individual needs and preferences.”
The installation of the Iowa is based on the broader expansion of the United States of Compass Mining, after the recent launch of its Bitcoin extraction factory cooled by Hydroelectricity in the Dakota of the North. In 2024 alone, the compass compolisoned nearly 50 MW of new energy capacity in the sites of Indiana, Iowa, Ohio, Kentucky, Nebraska and Texas, strengthening its role as the first provider of Bitcoin Mining accommodation solutions.
About Mining Compass
Component is a customer-oriented company that provides a platform to individuals and businesses to buy Bitcoin mining equipment, host machines, build and manage mining facilities and access a range of auxiliary services. With a commitment to exceptional customer support and transparency, Compass Mining defines the reference for Bitcoin extraction accommodation. Its mission is to make Bitcoin extraction accessible to everyone. To find out more about the operation of the compass or to start using today, visit Compassmining.io.
Contact with the media
Blocksbridge Consulting
compass@blocksbridge.com
