Compass Mining An American Bitcoin mining and brokerage services company, based in Delaware. announced the completion of a partnership with colocation provider Compute North to secure at least 75 megawatts (MW) of energy capacity for its TIER 0™ data center in Granbury, Texas.
Granbury has also agreed to colocation providers for the possibility of expanding its additional colocatio.The n capacity ranges from 300 MW up to 600 MW.
According to official reports, miner installations will start in August 2022 and last for several months.
In addition to the announcement, the company announced that it will deploy 25,000 ASICs on Wolf Hollow’s factory. This includes next-generation bitcoin miners such the Antminer 19XP, Antminer Pro, and Whatsminer M30S++.
Compass claims that the facility is one of the cleaner in its class. The facility is powered by an advanced gas turbine design and air-cooling to reduce carbon emissions.
According to the company, it will respond to the Electric Reliability Commission of Texas’ (ERCOT), policy by shutting down its equipment and bringing steady energy loads when the grid is needed on a large-scale.
Compass Mining provides a marketplace service that allows individuals to mine Bitcoin in facilities throughout Canada and the U.S.
Compass Mining, a cryptocurrency mining company in America, announced that it was seeking buyers for its Russian gears in order to avoid sanctions by the United States Department of Treasury.