Sharon-based Mawson Infrastructure Group, a digital infrastructure company, recently signed a customer co-location agreement to host approximately 50 megawatts of bitcoin machines for at its Midland facility.
The agreement is between a wholly-owned subsidiary of Mawson and a wholly-owned subsidiary of Consensus Technology Group.
“I am thankful and appreciative of the multiple parties expressing interest in utilizing Mawson’s co-location infrastructure and services,” Rahul Mewawalla, Mawson CEO and president, said. “We are excited to welcome our newest co-location customer and to drive the growth of our co-location business in addition to our self-mining and energy management program businesses. We believe the combination of the Bitmain Antminer S19 XP miners co-located with our infrastructure services builds upon our established co-location platforms and provides for a mutually beneficial commercial relationship.”
Under the 12-month agreement, Consensus will provide approximately 15,876 Bitmain Antminer S19 XP mining machines while Mawson will pass through the power costs, co-location service fees, and other fees and charges to the customer.
Mawson also operates a site in Bellefonte entirely for self-mining purposes with approximately 8.8 megawatts of capacity.
The two facilities, once self-mining and co-location platforms are combined, are expected to have a total capacity of approximately 109 megawatts and approximately 35,480 miners.