• Mawson Infrastructure Group, Inc., announced that the firm has broken ground at a new site in Sharon, Pennsylvania.
• The new Mawson site is capable of reaching 4.2 exahash per second (EH/s) when fully complete and will be divided into self-mining and hosting services.
• Mawson’s two bitcoin mining sites combined will produce an estimated 7.8 exahash per second (EH/s).
Mawson Infrastructure Group Launches Bitcoin Mining Operation in Pennsylvania
Mawson Infrastructure Group, Inc., recently announced that the firm has broken ground at a new site in Sharon, Pennsylvania for its bitcoin mining operation. Reports detail that six modular production units have been delivered to the site capable of housing 3,528 application-specific integrated circuit (ASIC) bitcoin miners that consume 12 megawatts (MW) of capacity. When fully complete, the facility is expected to reach 4.2 exahash per second (EH/s).
Sharon Site Divided Into Self-Mining and Hosting Services
The Sharon mining operation will be divided between self-mining and Mawson’s hosting services. The first six modules are expected to become operational during the next quarter with the remaining 120 megawatts coming online throughout 2023 and into early 2024 according to Mawson’s Chief Operating Officer Liam Wilson.
Midland Site Also Operational
In addition to the Sharon facility, Mawson also operates a 100-megawatt site in Midland, Pennsylvania which together with Sharon produces an estimated 7.8 exahash per second (EH/s).
Bitcoin Market Performance
The current market performance of bitcoin has been positive over the past few months resulting in an all-time high difficulty rate this week at 43.05 trillion hashes despite some mining operations experiencing losses due to downturns earlier this year.