Mawson has now purchased over 3EH of ASIC bitcoin mining hardware
SYDNEY, August 12, 2021–(BUSINESS WIRE)–Mawson Infrastructure Group Inc. (OTCQB:MIGI) (“Mawson”), a digital infrastructure provider with diversified operations across bitcoin mining and digital asset management, announces it has purchased an additional 17,352 of Canaan’s (NASDAQ:CAN) latest generation ASIC bitcoin miners, adding over 1.5EH to Mawson’s existing operations.
The additional 17,352 latest generation Avalon A1166 and A1246 bitcoin miners will be deployed across Mawson’s USA and Australian operations in 2021 and 2022, with miners to be deployed at the company’s first Australian site in Q4 2021, as well as at its flagship facility in Georgia, USA.
James Manning, CEO and Founder of Mawson, said, “We are very happy to have contracted another large order with Canaan, who have been fantastic partners to date. Canaan have delivered consistently and on time, and in an environment where ASIC bitcoin mining hardware supply is once again becoming harder to secure, we are delighted to further cement our partnership. Coupled with our extensive power infrastructure across the USA and Australia, we look forward to having these units online in late 2021 and early 2022. We again reiterate our end of CY21 goal of 2000 PH and end of CY22 goal of 5000 PH, and look forward to updating shareholders further on hardware purchases in due course.”
About Mawson Infrastructure
Mawson Infrastructure is a digital…