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Seeking Alpha 2022-03-03 14:23:39

Mawson Infrastructure expands Georgia bitcoin mining facility to 230 MW

Mawson Infrastructure (OTCQB:MIGI) expanded its Sandersville, Georgia bitcoin mining facility to 230 MW. MIGI has an existing 26-year lease at the site, with the option to buy the ~16-acre property. The company intends to deploy its Modular Data Centre technology at the expanded facility. The facility is expected to become fully operational with the additional 150 MW online in Q3 2023. Based on utilization of the latest generation bitcoin mining ASIC hardware, the expansion could accommodate up to 7.5 Exahash (NASDAQ:EH) of operational capacity.

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