Mawson Infrastructure begins construction on Sharon, PA Bitcoin facility

Mawson Infrastructure Group announced that it has broken ground on the Company’s latest Bitcoin Mining operation in Sharon, PA. The first 6 Modular Data Centers, capable of holding and operating up to 3,528 ASIC miners and handling approximately 12MW have been installed. The site has a total capacity of 120 MW, which is capable of housing and operating up to 35,280 ASIC miners,1 with those miners capable of producing up to 4.2 exahashes per second . The first stage of 12 MW is scheduled to be energized in early Q2, 2023. The balance of the 120 MW capacity will come online incrementally through 2023 and early 2024. Mawson plans for the Sharon, PA facility to house a split of Mawson Self-Mining and Mawson Hosting operations. The Sharon, PA facility will also take part in Mawson’s market leading Energy Markets Program, which helps drive curtailment revenue through periods of grid stress, whilst simultaneously providing power stability to the grid and households throughout the PJM market.