Two facilities operated by cryptocurrency miner Compass Mining for hosting purposes stopped production due to rising electricity prices.
Two plants in Georgia that use Compass Mining Stopping production due to 50% increase took the decision.Bitco
Compass Mining, mining equipment belonging to individual customers It provides hosting services in the USA and Canada. Customers, Compass Mining’s from mining capacity can get a share in exchange for money.
At these two Georgia sites of the company, approximately 5 thousand mines device, the facilities in total 15 megawatts capacity existed.
According to the statement made by Compass Mining, customers who have devices in this facility, May decide to ship to Texas. Such a shipment to be completed within a month Waiting.
The company’s facility in Texas also had some electrical difficulties. For the operation of the facility here, the generator was used for a while because the connection to the mains was lost.
Compass plans to increase the capacity of its Texas facility to 100 megawatts in the near future.