Mawson Infrastructure Signs Agreement For 24MW Ohio Facility That Will Come Online In Q3 2023


Digital infrastructure supplier Mawson Infrastructure Group Inc. (Mawson) has signed an settlement for a brand new web site in Corning, Ohio, with an preliminary capability of 24MW.

In response to a press launch, the positioning, signed on a long-term lease, has a further 26MW of potential capability upside, topic to additional infrastructure funding, which might take the overall web site to 50MW.

The positioning is anticipated to go stay in Q3 2023 and can initially host 12 modular information facilities (MDCs) and seven,056 miners. The brand new web site will broaden Mawson’s potential capability to as much as 290MW, highlighting the corporate’s give attention to the Pennsylvania and Ohio area.

Mawson’s CEO James Manning mentioned, “That is the primary of a number of smaller websites the Mawson crew has been engaged on, with a spotlight to deploy low value, fast to market mining services.” COO Liam Wilson added, “We’re actively planning for the halving occasion, and plan to have essentially the most environment friendly fleet doable — as all the time, specializing in shareholders return on capital. We’re targeted on this area for varied causes and look ahead to seeing which ASIC items carry out greatest earlier than ordering in bulk.”

The brand new web site is an addition to the present 240MW of capability that Mawson has on-line and underneath growth within the surrounding space. The corporate’s purpose is to offer a doable improve in deployable hashrate of as much as 1.0 EH/s. Mawson’s infrastructure features a proprietary modular information heart (MDC) design that goals to cut back deployment time and capital expenditure.

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