Bitcoin Mining Firm Compass Establishes 30 MW Site in Iowa. Compass Mining is constructing a new Bitcoin mining facility in Iowa, aiming to expand its self-owned infrastructure portfolio in the United States. https://image.nostr.build/36aef31b1a83cc3f0c8c2770f710a3ad258a60d53168c57b325ed759eefb2068.jpg [Source](https://news.bitcoin.com/bitcoin-mining-firm-compass-establishes-30-mw-site-in-iowa/)
Compass Mining has already energized nearly 50 MW of new power capacity across multiple states, including Iowa, Indiana, Ohio, Kentucky, Nebraska, and Texas. The company plans to add an additional 20 MW by January 2025, further solidifying its presence in the Bitcoin mining sector The new facility in Iowa is expected to contribute significantly to Compass's operational capacity, as the company has already energized 4,000 machines at this site, boosting its overall mining capabilities.