Compass Mining Facility Update: Dec 23

Compass Mining Facility Update: Dec 23

Our overall uptime across all sites was 96.76% last week. For a detailed breakdown, please see the chart below:

Compass Mining Facility Update: Dec 23

Helpful links:

Facility Updates

Indiana 1 / 2:

Due to ongoing deracking and pending redeployments, the facility's utilization has declined. However, the team remains committed to addressing challenges, and we expect utilization to improve as system enhancements and redeployments progress. Additionally, efforts are focused on reducing the backlog in the diagnostics queue.

Nebraska 2:

Bolt-on repairs have been successfully completed, and a thorough cleanup has been carried out at the facility, ensuring a well-maintained and efficient operational environment. As a result, machine utilization continues to improve, reflecting the positive impact of these efforts.

Ohio 2: 

The facility continues to improve machine utilization, achieving an average of 97% last week. To further enhance performance, the team is focused on diagnosing miners and prioritizing bolt-on repairs.

Ontario 1:

Machine utilization experienced a slight drop due to ongoing maintenance and tracking activities. However, onsite technicians completed fan repairs, ensuring optimal equipment performance. 

Texas 5:

The facility has expanded, and as a result, more miners are being deployed onsite. The site is currently utilizing all available resources. We are optimistic that machine utilization will increase in the coming weeks once the deployments are completed.

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

ON1

1

7 PM EST

9

9

9

TX1

7

12 PM EST

1

16

5

MN1

1

6 PM EST

7

7

7

IA2

2

7 AM EST

2

12

7

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:

Facility

Miner Model

Units Available

Indiana 2

Antminer S21 200TH

27

Iowa 3

Antminer S21 188TH

89

Iowa 3

Antminer S21 195TH

49

Iowa 3

Antminer S21 200TH

97

Minnesota 1

Antminer S21 188TH

195

Minnesota 1

Antminer S21 195TH

220

Minnesota 1

Antminer S21 200TH

166

Nebraska 2

Antminer S21 188TH

150

Nebraska 2

Antminer S21 195TH

160

Nebraska 2

Antminer S21 200TH

71

Ohio 2

Antminer S21 200TH

39

Ontario 

Antminer S21 188TH

118

Ontario

Antminer S21 200TH

19

Relocation Updates

Texas 3 & Nebraska 1 Relocation

Approximately 800 units remain at the Denver Service Center awaiting redeployment to our new site in Texas.

Texas 1 Relocation

Only 1655 units remain at the Texas 1 facility. These will be de-racked next week and shipped to our new site in Texas. 

Manitoba 2 & Manitoba 9 Relocation

The Manitoba 2/9 sites will begin relocating on January 5th. The process, including de-racking, transportation, cleaning, testing, and re-racking, is expected to take 6-9 weeks. Miners are expected to return online by March 2025.

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