Compass Mining Expands Operations with New 10 MW Bitcoin Mining Facility

In a groundbreaking move for the cryptocurrency industry, Compass Mining has fully energized a new 10 megawatt (MW) Bitcoin mining facility in Texas, developed in collaboration with ONMINE. This initiative not only enhances Compass Mining’s operational capabilities but also represents a decisive shift towards vertical integration in the Bitcoin mining sector.

The newly established facility reached its full operational capacity at the end of July, with the process of energization carried out in phases. This strategic expansion allows Compass Mining to deploy their own mining machinery, ensuring optimal performance and facilitating a streamlined onboarding process for potential clients. The company anticipates that by October 2025, the entire 10 MW facility will be transitioned to provide hosting services for enterprise clients, marking a significant milestone in their business growth.

Karoon Mackenchery, Director of Hosting Services at Compass Mining, emphasized the importance of this partnership, stating, "This collaboration signifies our evolution from a hosting marketplace to a fully functional mining infrastructure operator. It is the first site where we not only manage daily operations, but also assume the power pricing risk and revenue responsibilities from self-mining and customer hosting. Our ability to take on these roles is a direct testament to the trust we've built with our enterprise clients and our success in delivering scalable performance."

The collaboration with ONMINE is mutually beneficial. Ziyad Elgamal, Co-CEO of ONMINE, commented on their role, noting, "This project showcases how Compass Mining’s operational knowledge complements ONMINE’s established history in creating scalable, grid-connected infrastructure tailored for data centers. Together, we secured the site, fast-tracked interconnection, and integrated Giga's advanced air-cooled container technology to bring 10 MW of sustainable capacity online in an unprecedented timeframe.”

The operational dynamics at the new site involve collaboration with Giga Energy, a leader in electrical infrastructure manufacturing. They provide air-cooled modular data centers which play a pivotal role in minimizing deployment timelines and enhancing scalability. Meanwhile, ONMINE’s involvement includes securing interconnection with the Electric Reliability Council of Texas (ERCOT) and supporting the construction phases to ensure flawless integration with Compass Mining’s operational needs.

This pioneering arrangement allows Compass Mining to offer a comprehensive hosting solution for institutional clients, which encompasses power contract management, detailed performance monitoring, and service level agreements regarding uptime—all delivered at competitive rates within the ERCOT market.

This announcement follows Compass Mining’s recent expansion initiatives in Iowa and West Texas, signaling a broader strategic aim to establish a nationwide network of high-grade facilities. These locations primarily cater to both individual miners and large institutional operators, positioning Compass Mining as a key player in the industry.

In case you are not familiar with Compass Mining, they are dedicated to delivering Bitcoin mining hardware solutions, facilitating the hosting of mining machines, and providing comprehensive management and ancillary services. The company's commitment to exceptional customer service and transparency reinforces its marketplace prominence and nurtures their mission to make Bitcoin mining accessible to everyone.

For more details about Compass Mining, you can visit their official website at www.compassmining.io.

About ONMINE

ONMINE stands out as a developer of efficient energy and data-center solutions. Focused on delivering scalable infrastructures for Bitcoin mining and AI workloads, they are committed to reducing energy waste and fostering a sustainable digital future. With a growing footprint across North America, ONMINE aims to construct reliable energy solutions that cater to modern demands.

About Giga Energy

Giga Energy specializes in designing and manufacturing modular, containerized data centers aimed at high-density computing and industrial applications. Their integrated infrastructure allows for swift deployment and reliable performance, essential for high-demand operations in the cryptocurrency landscape.