In Brief:
- The new mines will add over 1.5EH to Mawson’s current operations.
- Mawson has now invested over 3EH in ASIC bitcoin mining equipment.
Mawson Infrastructure Group Inc., a digital infrastructure provider, has purchased 17,352 ASIC bitcoin miners from Canaan. This would bring Mawson’s total operations to over 1.5EH.
In 2021 and 2022, Mawson will deploy 17,352 Avalon A1166 and A1246 bitcoin miners across the US and Australian sites. Also, with miners arriving in Q4 2021 at the company’s first Australian location and its flagship facility in Georgia, USA.
“We are very thrilled to have contracted another significant order with Canaan,” said James Manning, CEO, and Founder of Mawson. “Canaan has continuously delivered on time, and we are pleased to extend our cooperation” he added. “We reiterate our end-of-CY21 objective of 2000 PH and end-of-CY22 goal of 5000 PH,” he further added.
The firm previously announced in July that it has taken delivery of 250 Bitmain Antminer S19 Pros from Canaan. It also anticipated another 570 Avalon A1246 miners from Canaan to be delivered and operational before the end of July. Further, another 588 Avalon A1246 miners were delivered in early August, bringing its total PH to 125.
Also Read: HIVE to Purchase new 4000 Bitcoin Mining Machines from Canaan
Mawson Infrastructure is a digital infrastructure company that offers cryptocurrency mining and digital asset management among other services. The firm’s goal is to provide a link between the nascent digital asset industry and traditional financial markets. Its headquarters are in Sydney, Australia, and it operates in the United States.
