A new Bitcoin mining facility is being built in Indiana, adding to a growing roster of crypto mining operations setting up shop across the state. Multiple mining operators have either launched or expanded Indiana operations in recent months, turning the state into a quiet but meaningful player in America’s Bitcoin mining landscape.

Repurposed land, fresh machines

One of the more notable operations driving Indiana’s mining growth is Terra Hosting, which set up at the Vermillion Rise Mega Park, a repurposed military site. Terra Hosting commenced operations around late 2025 and had more than 1,600 ASIC mining machines running by March 2026. The facility has rolled out third-party hosting services, letting other miners plug into its infrastructure.

Power rates at the facility sit at $0.0825 per kWh, meaningfully below the national average for industrial electricity.

Terra Hosting also has plans to expand into AI and high-performance computing.

Indiana’s mining roots go deeper than you’d think

In May 2022, AboutBit LLC announced plans for a mining facility adjacent to the Merom Generating Station in Sullivan County, a coal-fired power plant, becoming one of Indiana’s first significant Bitcoin mining operations.

More recently, London-listed Vinanz Limited deployed its first US-made Auradine AT2880 Bitcoin miners in Indiana during 2025, operating within Megawatt hosting facilities.

What this means for miners and investors

The modular hosting model, where companies like Terra Hosting build infrastructure and rent capacity to third-party miners, continues to gain traction. This model reduces capital requirements for individual miners and spreads risk across multiple tenants.

The diversification into AI and HPC workloads represents a hedge that could matter if Bitcoin mining margins compress. Companies that can flex their data center capacity between crypto mining and AI inference have a resilience that pure-play miners don’t.