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Compass Mining launches 3,000 bitcoin mining machines in Iowa, plans to add another 1,000 in September

On September 10th, mining company Compass Mining enabled 3,000 bitcoin mining machines in its newly partnered Iowa hosting facility, and the company plans to install another 1,000 machines in September. The expansion will increase the facility's capacity by 12.50 trillion watts (MW). According to Compass Mining, the move is part of its strategy to expand operations. By the end of 2024, the company plans to manage approximately 30 trillion watts of power at multiple U.S. locations, including Indiana, Ohio, Nebraska and Texas.