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

The tract could perchance bring Mawson’s capableness successful the country up to 290MW and summation deployable hash complaint to 1.0 EH/s

Digital infrastructure supplier Mawson Infrastructure Group Inc. (Mawson) has signed an statement for a caller tract successful Corning, Ohio, with an archetypal capableness of 24MW.

According to a press release, the site, signed connected a semipermanent lease, has an further 26MW of imaginable capableness upside, taxable to further infrastructure investment, which would instrumentality the full tract to 50MW.

The tract is expected to spell unrecorded successful Q3 2023 and volition initially big 12 modular information centers (MDCs) and 7,056 miners. The caller tract volition grow Mawson's imaginable capableness to up to 290MW, highlighting the company's absorption connected the Pennsylvania and Ohio region.

Mawson's CEO James Manning said, “This is the archetypal of respective smaller sites the Mawson squad has been moving on, with a absorption to deploy debased cost, speedy to marketplace mining facilities.” COO Liam Wilson added, “We are actively readying for the halving event, and program to person the astir businesslike fleet imaginable — arsenic always, focusing connected shareholders instrumentality connected capital. We are focused connected this portion for assorted reasons and look guardant to seeing which ASIC units execute champion earlier ordering successful bulk.”

The caller tract is an summation to the existing 240MW of capableness that Mawson has online and nether improvement successful the surrounding area. The company's extremity is to supply a imaginable summation successful deployable hashrate of up to 1.0 EH/s. Mawson's infrastructure includes a proprietary modular information halfway (MDC) plan that aims to trim deployment clip and superior expenditure.