MiningStore has secured a $3.4 million loan from the Millennium Infrastructure Fund to develop a new 5MW water-cooled Bitcoin mining facility in MISO, with plans to expand it to 10MW. The facility is set to commence operations on December 1, 2025. This expansion is part of MiningStore's strategy to increase its total operating capacity to 62.5MW by the end of 2025, marking a 45% increase from six months earlier.
The company is also enhancing its 5MW air-cooled capacity in the SPP market, taking advantage of lower electricity prices and MISO's stable baseload to reduce power outage risks. Currently, MiningStore operates seven facilities and aims to launch four additional sites this year. The company is now open for both institutional and individual hosting.
MiningStore Secures $3.4 Million Loan for Bitcoin Mining Expansion
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