Compass Mining has inked a new hosting partnership with Compute North on Thursday, which will eventually see 25,000 ASIC miners added to its fleet.
Mere weeks after announcing staff lay-offs and salary cuts, Compass Mining has unveiled expansion plans in the form of a 75 megawatt hosting partnership with Compute North for its data center in Granbury, Texas.
It also follows the resignation of key executives including CEO Whit Gibbs and chief finance officer Jodie Fisher in late June, as well as losing one of its Maine-based hosting facilities after allegedly missing payments relating to utility bills and hosting fees.The expansion includes plans to deploy 25,000 application specific integrated circuit miners to the existing Wolf Hollow plant site in Granbury, including a variety of next generation Bitcoin miners.
The data center also has a fully curtailable load and can shut down at a moment's notice should the draw on the grid exceed capacity.
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