Mawson Infrastructure Group Inc. Secures New Mining Site In Bellefonte, PA, and Has Already Deployed And Operationalized The Site
Portfolio Pulse from Happy Mohamed
Mawson Infrastructure Group Inc. (NASDAQ:MIGI) has secured a new mining site in Bellefonte, Pennsylvania, which is already operational with approximately 2,600 miners. The site has 8 MW of immediately available power and can be expanded by an additional 16 MW. The company plans to use the site as a 100% self-mining facility and a testing facility for the latest generation ASIC designs and hardware.

July 06, 2023 | 12:22 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Mawson Infrastructure Group's new mining site in Bellefonte, PA, is already operational and can be expanded, which could potentially increase the company's Bitcoin production.
The new mining site, which is already operational, represents an expansion of Mawson Infrastructure Group's capabilities. The site's potential for expansion could lead to increased Bitcoin production, which could positively impact the company's revenues and profitability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100