Market Cap: $3,052,473,135,211
24h Vol: $86,926,750,486
Cryptocurrencies: 28005
Markets: 116055
Cryptocurrencies: 28005
Markets: 116055
Market Cap: $3,052,473,135,211     
24h Vol: $86,926,750,486
Seeking Alpha 2023-02-17 14:08:15

Mawson reports January bitcoin production of 34.93

Mawson reports January bitcoin production of 34.93
Mawson Infrastructure ( NASDAQ: MIGI ) said Friday its total self-mining bitcoin production was 34.93 in January, with total revenue equivalent in BTC of 116.25 for the month. The company generated revenue of about $2.2 million in January from its Energy Market Program, self-mining and hosting customers. Mawson said its installed operational capacity as of January 31, 2023 was about 50 MW across bitcoin self-mining and hosting co-locations. The company said it anticipates Energy Markets Program to improve toward the end of Q1. The company said it doubled the size of operations at its Midland PA site with the expansion to 100MW coming online in Q2. In January, the company completed the shutdown of the facility located in Condong, NSW, Australia to concentrate all expansion efforts in the USA. All equipment from NSW, Australia is being sent to Mawson’s operations in PA, USA where the company has 220MW of capacity available, and is scheduled to be online in Q2, 2023.
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