Mawson Infrastructure announces December operational update

Mawson Infrastructure Group announced its unaudited business and operational update for December 2023, reporting: Total monthly revenue about $5.97 million or about equivalent of 140 BTC; 34% M/M growth in co-location business revenue, increased to $2.66 million; 27% M/M growth in self-mining business revenue, increased to $2.92 million; Completed second customer co-location services deployment for ~6MW and 1,764 miners; 24% M/M growth in total overall revenue; Energy Management revenue was about $0.40 million; Total Power Capacity was approximately 109 MW with capacity for approximately 35,650 miners. Rahul Mewawalla, CEO and President, commented, “We are extremely pleased to deliver another robust month of significant revenue growth with 34% month-on-month revenue growth in our co-location business and 27% month-on-month revenue growth in our self-mining business. I am tremendously proud of our organization, our continued focus on operational excellence, our technological advancements, and our accelerated completion of the deployment of our two new co-location customers at our facilities.”