Cedar Falls, Iowa – October 07, 2026 -- Simple Mining has acquired an approximately 8 MW Bitcoin mining facility in Iowa from Sphere 3D Corp. (NASDAQ: ANY), pushing its total Iowa hosting platform to nearly 160 MW.
Acquired site adds 2,200 miners to Simple Mining's owned infrastructure
The facility supports roughly 2,200 latest-generation miners and expands the owned hosting capacity available to Simple Mining's customers, who purchase and host machines on the company's infrastructure. The site joins Simple Mining's existing network of Iowa facilities and will operate under the same in-house model covering machine sales, hosting, and repair.
Customers gain access to dedicated ASIC repair and shared support team
Operators at the new site will have access to Simple Mining's dedicated ASIC repair operation and the same support team serving the rest of the platform. The acquisition marks the latest step in a period of rapid expansion for the company's Iowa footprint.
Simple Mining expands hiring to support growth across operations
The company is hiring across site operations, engineering, and sales roles to support the expanded platform. "This acquisition adds fully energized, high-performing capacity to our platform from day one," said Adam Haynes, CEO of Simple Mining. Nick Garland, Chief Operating Officer, said customers want more room to grow on infrastructure the company owns and operates, adding that every megawatt added in Iowa is capacity customers can put to work.
Simple Mining now manages more than 40,000 machines across its Iowa-based hosting platform.