Mawson Infrastructure Group Executes Customer Co-Location Agreement For ~15,876 Bitman Antiminer S19 XP Miners Or ~50 MW At Mawson's Midland, PA Facilities
Portfolio Pulse from Benzinga Newsdesk
Mawson Infrastructure Group has signed a customer co-location agreement for approximately 15,876 Bitmain Antminer S19 XP miners, or about 50 MW, at its Midland, PA facilities. With this agreement, Mawson's facilities, combining self-mining and co-location platforms, are expected to have a total capacity of about 109MW and 35,480 miners, with a hashing capacity of approximately 3.7 EH/s.
October 19, 2023 | 12:58 pm
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The co-location agreement for Bitmain Antminer S19 XP miners at Mawson's facilities could increase the company's mining capacity and potentially its revenues.
The agreement allows Mawson to host additional miners at its facilities, which could increase its mining capacity and, consequently, its potential revenues. This could positively impact the company's stock in the short term.
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