Core Insights - Mawson Infrastructure Group Inc. reported significant growth in its revenue, with Energy Management Revenue increasing by 139% year-over-year and Digital Co-Location Business Revenue rising by 85% year-over-year [1][8] - The overall monthly revenue for May 2024 reached approximately $4.46 million, reflecting a 19% increase year-over-year, equivalent to about 70 BTC [8] Revenue Breakdown - Energy Management Business Revenue increased to $0.97 million, marking a 139% year-over-year growth [8] - Digital Co-Location Business Revenue rose to $2.76 million, representing an 85% year-over-year increase [8] - Self-Mining Business Revenue was reported at $0.74 million [8] Capacity Expansion - The total power capacity across the company's facilities is approximately 109 MW, with the expansion of the Midland facility expected to add 20 MW, bringing the total capacity to about 129 MW and accommodating around 41,530 miners [8] Operational Highlights - The company has continued to enhance its enterprise-grade co-location customer relationships and has advanced its operational and technological capabilities across its three business segments: self-mining, digital co-location services, and energy management [8] Upcoming Events - Mawson Infrastructure Group is scheduled to participate in several industry conferences and events throughout 2024, including Mining Disrupt in June and Bitcoin 2024 in July [3][9]
Mawson Infrastructure Group Inc. Announces Monthly Operational Update for May 2024