Compass Mining Expands with 20 MW Hydro-Cooled Bitcoin Mining Facility in North Dakota

Compass Mining (“Compass” or the “Company”), a leading provider of Bitcoin mining hardware, hosting, and operational solutions, is pleased to announce the launch of a new 20-megawatt (MW) Bitcoin mining facility in North Dakota.

Compass Mining, a leading provider of Bitcoin mining hardware, hosting, and operational solutions, has expanded its operations with a new 20-megawatt (MW) Bitcoin mining facility in North Dakota, the company announced.

The facility is equipped with the water-cooled Antminer S21 Hydro machines, and 5.5 MW of capacity has already been energized by Compass. The remaining machines will be phased in over the coming months to meet the growing demand from Compass's clients for this next-generation technology.

This expansion also allows Compass to immediately provide hosting services to both institutional investors and individual miners. Customers purchasing machines through Compass's platform—starting with a minimum order quantity (MOQ) as low as one unit—will now have the option to deploy them at the "North Dakota 2" site.

"Our continued expansion of both self-owned and partner-operated facilities reflects our commitment to offering flexible and efficient Bitcoin mining solutions," said Chief Mining Officer at Compass Mining, Shanon Squires. "The introduction of hydro-cooling technology provides our clients with a more powerful and energy-efficient mining option while ensuring long-term machine durability."

The newly energized 5.5 MW consists of 1,000 units of the Antminer S21 Hydro, the newest generation of bitcoin mining machines.

These machines use advanced water blocks to dramatically improve cooling efficiency compared to traditional air-cooled systems. This results in increased processing power, reduced energy consumption, and a more stable operating environment, minimizing downtime and maximizing long-term performance.

Compass Mining's strategic approach combines self-owned facilities, such as its recent Iowa 4 site, with high-uptime third-party partnerships to maximize operational reliability.

In 2024, Compass energized approximately 50 MW of mining capacity across sites in Indiana, Iowa, Ohio, Kentucky, Nebraska, and Texas, reinforcing its position as the leading provider of hosting and operational solutions for bitcoin mining.