TMCnet News
MiningStore Expands Iowa Operations with 10 MW Bitcoin Mining Facility, Delivering 3,500+ ASIC Slots to Meet Surging Institutional DemandStrategic investor-backed buildout expands MiningStore's Iowa footprint with containerized air-cooled capacity, energy optimization, and institutional-grade uptime MUSCATINE, Iowa, Sept. 8, 2025 /PRNewswire/ -- MiningStore, a leading U.S. Bitcoin mining infrastructure provider, has launched a 10 MW air-cooled Bitcoin mining facility in Iowa, expanding its operational footprint on the MISO power grid. The project adds more than 3,500 ASIC miner slots, with the first 5 MW phase already energized and the remaining 5 MW set for completion by October 2025. Developed in partnership with a strategic investor, the facility reinforces MiningStore's commitment to delivering scalable, efficient infrastructure as institutional demand for Bitcoin mining continues to accelerate. "As Bitcoin mining matures into an institutional asset class, operators need infrastructure that delivers both performance and reliability," said JohnPaul Baric, CEO of MiningStore. "This facility positions our clients at the intersection of cost-effective power markets and institutional-grade operations, exactly where the industry is heading." EFFICIENT, COMMUNITY-FOCUSED INFRASTRUCTURE Our facilities reduce load during peak demand to support local communities and grid reliability. During some hours, we use otherwise wasted energy, converting electricity into productive economic value. A PROVEN OPERATOR FOR INSTITUTIONAL GROWTH The Iowa expansion also contributes to local economic growth by creating full-time roles in operations, engineering, and monitoring, reinforcing the state's role in America's digital infrastructure backbone. POSITIONED FOR MARKET DEMAND ABOUT MININGSTORE: For more information or to reserve capacity, contact [email protected] Media Contact:
SOURCE MiningStore
|
