Mawson Infrastructure expands Midland facility to 120 MW

Mawson Infrastructure announced that it has signed a lease amendment for its facility in Midland, Pennsylvania which will allow for an additional 20 MW of power capacity. Upon completion of development works, the site will have 120 MW of capacity. The site is expected to be 100% online in early Q2. Mawson is deploying an additional 10 Modular Data Centers and 5,880 ASIC miners needed to fill the capacity. All of the company’s mining units are fully funded and currently being installed at the Midland, Pennsylvania facility. Mawson is currently developing another 120 MW facility in Sharon, Pennsylvania, which is expected to come online incrementally through 2023 and 2024. Combined, the two sites will have 240 MW available which can house up to 70,560 miners which can produce up to 7.8 EH/s or approximately 31.4 BTC/day. Mawson expects to have 132 MW online in early Q2, representing enough power for up to 38,808 ASIC miners, operating at approximately 4.2 EH/second. This capacity expansion could potentially generate up to approximately 16.9 BTC per day, or approximately $154M in revenue per year.