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Seeking Alpha 2022-03-15 13:19:07

Mawson Infrastructure reports Feb bitcoin production

Mawson Infrastructure (OTCQB:MIGI) produced 152 bitcoin in Feb., +300% Y/Y and +8.5% vs. Jan. MIGI produced 292 bitcoin in 2022 to end of Feb. Feb. avg. hash rate at ~1.15 EH, +28% vs. Jan. Feb.-end hash rate at ~1.3 EH, +550%Y/Y and +18% vs. Jan. Hash rate expected to be ~1.5 EH as of end of Mar., producing ~6.8 bitcoin per day. MIGI expects bitcoin self-mining to be at 3.35 EH by Q2 2022 and reiterated target of 5 EH online by early Q1 2023.

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