Mawson Infrastructure Signs Agreement For 24MW Ohio Facility That Will Come Online In Q3 2023

The site could raise Mawson’s capacity in the region to 290 MW and increase deployable hash rate to 1.0 EH/s.

Digital Infrastructure Provider Mawson Infrastructure Group Inc. Mawson has signed an agreement to construct a new site in Corning, Ohio, with an initial capacity of 24 megawatts.

according to press releaseThe site, signed on a long-term lease, has an additional 26 MW of incremental capacity potential, subject to further investment in infrastructure, which will bring the site total to 50 MW.

The site is expected to become operational in the third quarter of 2023 and will initially host 12 Modular Data Centers (MDCs) and 7,056 miners. The new site will expand Mawson’s potential capacity to 290 megawatts, highlighting the company’s focus on the Pennsylvania and Ohio regions.

Mawson CEO James Manning said, “This is the first of several smaller sites the Mawson team is working on, with a focus on deploying low-cost, quick-to-market mining facilities.” COO Liam Wilson added, “We are actively planning for the halving event, planning to have the most efficient fleet possible – as always, with an eye on shareholder return on capital. We are focused on this area for various reasons and look forward to seeing the best ASICs performance before ordering in bulk.

The new site is in addition to the existing 240 MW capacity that Mawson has online and under development in the surrounding area. The company’s goal is to provide a potential increase in the publishable hash rate up to 1.0 EH/s. Mawson’s infrastructure includes a proprietary modular data center (MDC) design intended to reduce deployment time and capital expenditure.