The post Compass mining launches 10 MW Texas facility in Odessa appeared on BitcoinEthereumNews.com. A new industrial site outside Odessa strengthens compass miningThe post Compass mining launches 10 MW Texas facility in Odessa appeared on BitcoinEthereumNews.com. A new industrial site outside Odessa strengthens compass mining

Compass mining launches 10 MW Texas facility in Odessa

4 min read

A new industrial site outside Odessa strengthens compass mining services for institutional clients seeking reliable Bitcoin hosting in a key US energy market.

Compass Mining launches 10 MW Bitcoin facility in Texas

Compass Mining has energized a new 10-megawatt (MW) Bitcoin mining facility near Odessa, Texas, expanding its operated hosting footprint in the United States. Announced from Wilmington, Del. on Jan. 28, 2026, the site, called Texas 8, is designed to accommodate around 3,000 customer miners in an industrial-grade environment.

The new facility will be fully operated by Compass Mining and dedicated to hosting customer Bitcoin mining machines. Moreover, Texas 8 comes online as demand grows from institutions and individuals for dependable, professionally managed infrastructure in competitive power markets.

Texas 8 strengthens operated hosting strategy

According to Shanon Squires, Chief Mining Officer at Compass Mining, the rapid deployment of Texas 8 illustrates the company’s execution capabilities. “This expansion underscores our commitment to delivering continuity and reliable infrastructure for our customers,” Squires said, highlighting that thousands of miners were racked and the site was brought to full energization in record time.

However, the strategic importance of the Odessa region goes beyond speed of deployment. The area, located near Midland, is among the most active power markets in the United States and offers favorable conditions for large-scale Bitcoin mining, including abundant energy resources and competitive pricing structures.

Texas 8 also supports the company’s push into operations-as-a-service for hosted Bitcoin hardware. As Cameron Morrissey, Director of Operations at Compass Mining, noted, the Odessa-area facility is intended to provide customers with a stable, long-term home for their machines while the company continues to scale its operated fleet nationwide.

Growth across key US power markets

The energization of Texas 8 follows two significant expansions in the company’s infrastructure portfolio. That said, the latest 10 MW site builds on a 20 MW facility energized in Texas in October and an off-grid natural gas-powered location launched in Wyoming the previous month.

Together, these deployments illustrate Compass Mining‘s broader approach to vertical integration energy sourcing, geographic diversification, and innovation in how Bitcoin mining is powered. Moreover, by bringing new facilities online quickly, the company aims to serve institutional customers that require operational stability, low-cost hosting options, and trusted long-term infrastructure partners.

The strategy also responds to changing market dynamics in North American Bitcoin mining, where access to reliable power and professional site management has become a critical differentiator. However, competition for favorable energy contracts in regions like Texas and Wyoming continues to intensify as more miners seek to scale.

Compass Mining’s end-to-end hosting model

Beyond individual facilities, Compass Mining Inc positions itself as a full-stack infrastructure and operations-as-a-service provider for Bitcoin miners. The company operates a platform that allows individuals, institutions, and facility owners to purchase ASIC hardware, host machines at top-tier data centers, and access professional services covering site management, logistics, and equipment repair.

With more than 160 MW under management and a global network of mining sites, the company offers end-to-end solutions that span procurement, deployment, uptime optimization, and operational oversight. Moreover, this model is designed to reduce barriers to entry for customers that want exposure to Bitcoin mining without building and running their own infrastructure.

The company emphasizes transparency, reliability, and accessibility as core principles in its service offering. That said, large-scale sites like Texas 8 are also intended to support growing institutional interest in mining, where counterparties expect robust reporting, predictable uptime, and clear operational standards.

Outlook for Texas 8 and future deployments

Texas 8 marks another step in the company’s plan to scale operated hosting capacity across the United States, particularly in energy-rich regions such as Texas and Wyoming. The new facility’s roughly 3,000 hosted miners add meaningful capacity to its North American footprint and deepen its presence in the Odessa-Midland corridor.

As power markets continue to evolve, the company is likely to seek further opportunities in locations with flexible load programs and abundant generation. However, continued expansion will depend on regulatory clarity, energy market conditions, and the broader economics of Bitcoin mining, including network difficulty and asset price cycles.

In summary, the launch of Texas 8 reinforces Compass Mining‘s long-term commitment to industrial-scale Bitcoin hosting, combining rapid deployment, diversified energy sourcing, and an operations-focused service model to support customers over the full lifecycle of their mining investments.

Source: https://en.cryptonomist.ch/2026/01/28/compass-mining-texas-odessa-10mw/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

SHIB Price Prediction: Mixed Signals Point to $0.0000085 Target by February End

SHIB Price Prediction: Mixed Signals Point to $0.0000085 Target by February End

Technical analysis reveals SHIB trading near oversold levels with RSI at 35.06. Despite bearish MACD momentum, support levels suggest potential recovery toward $
Share
BlockChain News2026/02/04 16:04
Fed rate decision September 2025

Fed rate decision September 2025

The post Fed rate decision September 2025 appeared on BitcoinEthereumNews.com. WASHINGTON – The Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market. In an 11-to-1 vote signaling less dissent than Wall Street had anticipated, the Federal Open Market Committee lowered its benchmark overnight lending rate by a quarter percentage point. The decision puts the overnight funds rate in a range between 4.00%-4.25%. Newly-installed Governor Stephen Miran was the only policymaker voting against the quarter-point move, instead advocating for a half-point cut. Governors Michelle Bowman and Christopher Waller, looked at for possible additional dissents, both voted for the 25-basis point reduction. All were appointed by President Donald Trump, who has badgered the Fed all summer to cut not merely in its traditional quarter-point moves but to lower the fed funds rate quickly and aggressively. In the post-meeting statement, the committee again characterized economic activity as having “moderated” but added language saying that “job gains have slowed” and noted that inflation “has moved up and remains somewhat elevated.” Lower job growth and higher inflation are in conflict with the Fed’s twin goals of stable prices and full employment.  “Uncertainty about the economic outlook remains elevated” the Fed statement said. “The Committee is attentive to the risks to both sides of its dual mandate and judges that downside risks to employment have risen.” Markets showed mixed reaction to the developments, with the Dow Jones Industrial Average up more than 300 points but the S&P 500 and Nasdaq Composite posting losses. Treasury yields were modestly lower. At his post-meeting news conference, Fed Chair Jerome Powell echoed the concerns about the labor market. “The marked slowing in both the supply of and demand for workers is unusual in this less dynamic…
Share
BitcoinEthereumNews2025/09/18 02:44
SUI Price Prediction: Oversold Conditions Target $1.50-$1.85 Recovery by March 2026

SUI Price Prediction: Oversold Conditions Target $1.50-$1.85 Recovery by March 2026

Sui (SUI) trades at $1.13 with RSI at 28.11 indicating oversold conditions. Technical analysis suggests potential bounce toward $1.50-$1.85 targets as momentum
Share
BlockChain News2026/02/04 15:51