Activating the compass mining a new facility of 30 megawatts owned by Bitcoin in Iowa-Cryptomode
The first stage of the most recent internet attachment now; Building the remaining ability to start in the fourth quarter
Wilmington, Dell, April 29, 2025 / PRNEWSWIRI / – The compass mining (“The company”), the pioneering provider of bitcoin mining devices, hosting, and operational solutions, announced today the revitalization of the first phase of the new bitcoin mining facility that owns itself in Iowa. The first stage, with the capacity of 8 megawatts (MW), has become fully operating, with the construction of the remaining capacity expected to start in the fourth quarter.
The new iOWA facility is located on an area of 5 acres, and it represents an important step in the company’s growth strategy, which increases the autonomous infrastructure portfolio. It allows the entire company and operation of the company to enhance control of its operations and provide enhanced flexibility to its customers, who now have the option to choose “iOWA 4” as a site publishing for new machines that have been purchased through the Compass Mining platform.
“The expansion of our self -owned infrastructure is a decisive step in strengthening the Compass Mining position as a leader in hosting Bitcoin mining,” said Paul Gusker, CEO of Compass Mining. “Owning and operating our own sites gives clients more control over operation, while allowing them to choose from our network of trusted third -party facilities to better meet their needs and individual preferences.”
The Iowa facility relies on a wider expansion of the United States at Compass Mining, after recently launched a water -cooled bitcoin mining facility in North Dakota. In 2024 alone, the compass mining activated nearly 50 megawatts of new energy energy across Indiana, Iowa, Awhayu, Kentucky, Nebraska and Texas, which enhances its role as a main provider of bitcoin hosting solutions.
About compass mining
The compass mining It is the first customer company that provides a platform for individuals and companies to buy bitcoin mining devices, host machines, build and manage mining facilities, and access a set of auxiliary services. With commitment to supporting exceptional and transparent customers, compass mining determines the bitcoin mining hosting. Its mission is to make bitcoin mining accessible to everyone. To learn more about compass mining or to start mining today, visit Compassmining.io.
Media communication
Blocksbridge Consulting
Compass@blocksbridge.com
