Sphere 3D launches first vertically integrated Bitcoin mining facility in Iowa

Sphere 3D Corp.

New Iowa mining site is fully online; marks shift from hosted/third-party to owned infrastructure.
Company directly manages power procurement; energy costs below $4 per MWh, targeting improved margins.
Acting CEO Kurt Kalbfleisch cites vertical integration as key to efficiency and future-proofing operations.
Facility begins new growth phase; Sphere 3D exploring additional vertically integrated sites.

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