{"id":46006,"date":"2021-07-13T14:53:14","date_gmt":"2021-07-13T11:53:14","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=46006"},"modified":"2025-09-01T14:11:33","modified_gmt":"2025-09-01T11:11:33","slug":"compute-north-to-lift-bitcoin-mining-data-centre-capacity-to-1-2-gw","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/compute-north-to-lift-bitcoin-mining-data-centre-capacity-to-1-2-gw\/","title":{"rendered":"Compute North to lift Bitcoin-mining data-centre capacity to 1.2 GW"},"content":{"rendered":"

Compute North, a provider of infrastructure solutions for cryptocurrency mining, announced plans to expand the capacity of its supported data-centres to 1.2 GW. The Block<\/a> reports.<\/p>\n

The move comes amid a global shortage of production sites for Bitcoin miners, according to company representatives.<\/p>\n

The Minnesota-based company will build five facilities. Construction is expected to be completed by the end of the second quarter of 2022.<\/p>\n

Compute North currently operates three data centres with a combined capacity of over 100 MW in Texas, Nebraska and South Dakota. The company has not disclosed the locations of the new facilities.<\/p>\n

According to Compute North CEO Dave Perrill, the data-centre energy consumption will be supplied by a mix of renewable and fossil-fuel sources. He added that making mining capacity 100% green is unlikely.<\/p>\n

The company intends to meet demand from ASIC-equipment owners who were forced to cease operations in China under pressure from local authorities.<\/p>\n

\n

\u201cIn the past few weeks we have received inquiries averaging 100 MW,\u201d<\/em> Perrill explained.<\/p>\n<\/blockquote>\n

The publication noted that due to insufficient capacity, including in Kazakhstan<\/a> and Russia<\/a>, the relocation of Chinese miners could take months, if not years.<\/p>\n

\n

\u201cMy forecast: the hash rate will return to ATH<\/span> no earlier than the second-to-third quarter of 2022,\u201d<\/em> Perrill explained.<\/p>\n<\/blockquote>\n

The Block reported that rivals such as the Russian BitRiver and the American Bit5ive will expand their capacities by 100 MW each.<\/p>\n

According to the publication, offline mining equipment equivalent to 50 TH\/s<\/a> could consume between 3.6 GW and 9 GW.<\/p>\n

In July, Nasdaq-listed The9 entered into an agreement<\/a> to deploy mining equipment at a BitRiver data centre.<\/p>\n

Earlier, Marathon Digital Holdings announced the construction<\/a> of a 300 MW Texas facility in partnership with Compute North.<\/p>\n

Subscribe to ForkLog news on VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

Compute North announced plans to expand supported data-centre capacity to 1.2 GW. The Block reports.<\/p>\n","protected":false},"author":1,"featured_media":46007,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1137,26],"class_list":["post-46006","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-cryptocurrency-mining","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/46006","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=46006"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/46006\/revisions"}],"predecessor-version":[{"id":46008,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/46006\/revisions\/46008"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/46007"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=46006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=46006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=46006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}