Core Insights - Mawson Infrastructure Group Inc. has signed a new digital colocation customer agreement with a NASDAQ-listed company, enhancing its digital infrastructure services [1][2][3] - The agreement involves providing colocation services for 5,880 miners, equating to approximately 20 MW of capacity, with an initial term of 12 months and potential for extension [2][3] - This agreement is part of Mawson's strategy to optimize its digital infrastructure assets and positions the company as a leading provider in the PJM market, North America's largest competitive power market [3][4] Company Growth and Capacity - Following the new agreement, Mawson expects to manage approximately 41,508 miners and achieve a total operating hashrate of about 5.10 exahashes per second (EH/s) across its facilities [4] - The company is developing an additional site in Ohio, which is projected to add 24 MW to its current operating capacity of 129 MW, bringing the total to 153 MW upon completion [5] Business Strategy - Mawson focuses on providing digital infrastructure platforms for AI, high-performance computing (HPC), and digital assets, aiming to accelerate the digital economy [6] - The company prioritizes the use of carbon-free energy sources, including nuclear energy, to power its digital infrastructure [6]
Mawson Infrastructure Group Inc. Executes New Customer Agreement Growing and Expanding Digital Colocation Business