Compass Targets 20 MW of Capacity at North Dakota 2 Facility
Compass Mining has announced plans to scale its North Dakota 2 site to a total capacity of 20 MW. Currently, 5.5 MW are already active, and further expansions aim to boost efficiency and mining volume The farm location, featuring the latest Antminer S21 Hydro, was chosen for favorable electricity rates and cooling conditions.
Market analysts note that Bitcoin’s reduced average hashrate compelled many operators to switch to newer technology. Companies are upgrading hardware because outdated S19 machines are struggling with profitability due to a sudden hashprice dip Against this backdrop, Compass Mining relies on modern models to secure a long-term competitive edge.
According to recent reports, Compass runs about 96 MW across various US sites, including partnerships. Company representatives believe that strengthening operations in North Dakota will help capture a larger share of the American mining market This move is seen as essential, given the push to phase out older ASIC devices.
