Last week, our overall uptime across all sites was 96.19%. For more details, please refer to the chart below:

Helpful links:

Facility Updates

Iowa 2 & 3:

The electrical issue at Site 3 was resolved last week. However, operations at our Iowa facility were temporarily suspended due to a blizzard. The severe weather conditions also impeded ongoing repairs and diagnostics, as road blockages caused by the storm prevented most onsite personnel from accessing the facility.

Ontario 1:

The facility started the de-racking process last week and is winding down its operations to prepare for relocation. Customers must respond to the communication sent out with their preferred resolution by April 1, 2025. Additional updates will be provided as they become available.

Texas 5:

The site temporarily shut down power for transformer repairs, which were completed swiftly and allowed technicians to bring miners back online on the same day. Last week, downtime also occurred due to a grid transmission issue, which was resolved in coordination with the electric provider.

Texas 6:

The facility is still undergoing routine electrical maintenance and testing, resulting in intermittent downtime. Status Updates will be posted as new information becomes available.

Curtailments & Outages: 

The table below summarizes the downtime (including curtailment, power outages, and maintenance) at our facilities over the past week:

Facility

Number of Outages

Estd Start Time

Min Duration

Max Duration

Average

OH2

1

7 PM EST

1

1

1

ON1

2

4 AM EST

1

2

2

TX5

1

7 AM EST

1

1

1

MN1

2

12 AM EST

1

1

1

IA2

1

5 AM EST

1

1

1

IA3

1

5 AM EST

1

1

1

TX6

3

3 AM EST

1

3

2

Deployment Updates

Please submit a ticket request if you have any questions or concerns.

We have turnkey miners ready for immediate deployment at some of our facilities. Here is a summary of the units we have available on the Compass website:

Miner Model

Facility

Whatsminer M50s++ 164TH

Minnesota 1

Antminer S21 188TH

Iowa 2/3, Minnesota 1, Nebraska 2, Texas 6

Antminer S21 195TH

Indiana 2, Iowa 2/3, Minnesota 1, Nebraska 2, Ohio 2, Texas 6

Antminer S21 200TH

Indiana 2, Iowa 2/3, Minnesota 1, Nebraska 2, Ohio 2, Texas 6

Antminer S21 Pro 234TH

Indiana 1/2, Iowa 3, Nebraska 2

Antminer S21 XP 270TH

Indiana 1, Iowa 2, Nebraska 2

Relocation Updates

Texas 3 & Nebraska 1 Relocation

With less than 100 units left to be moved, the relocation of the over 20,000 mining units is nearing completion.

Texas 1 Relocation

Fewer than 1,000 units are awaiting to be shipped out for redeployment in the coming weeks. The majority of the Texas 1 miners have already been relocated.