Nick Garland, Chief Operating Officer at Simple Mining, announced:

“Next week we will complete an additional 5 MW expansion which takes our total hashrate under management up to 50 MW.In November, we have an additional 10+ MW coming online as well, which keeps us on track for our target of 125+ MW by the end of Q1 2025.”

Garland’s statement reflects the company’s aggressive growth strategy, signaling significant expansion in the Bitcoin mining industry​.

Simple Mining, headquartered in Iowa, focuses on sustainable and efficient Bitcoin mining. The company’s data centers are powered by renewable energy, contributing to a greener blockchain infrastructure.

Simple Mining aims to be a key player in the expanding Bitcoin network, with the upcoming hashrate growth enhancing the security and resilience of Bitcoin transactions.​

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