Mawson Infrastructure Group signs lease agreement

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Sharon-based Mawson Infrastructure Group, a digital infrastructure provider, recently signed a long-term lease agreement in Bellefonte.

“Securing and operationalizing our Bellefonte site further demonstrates Mawson’s capabilities to strategically identify expansion opportunities and our rapid deployment and activation expertise,” Rahul Mewawalla, Mawson Infrastructure Group CEO and president, said. “This facility is an ideal opportunity for Mawson to continue to efficiently ramp our self-mining operations to increase Bitcoin production. This new site furthers Mawson’s focus on growth in markets where the energy mix, secure grid, favorable climate, robust communities, and local talent continue to be key drivers of our continued expansion.”

The facility has eight megawatts of power available and is capable of expanding by an additional 16 megawatts. This would give the facility once fully deployed a total site capacity of 24 megawatts.

In addition, the facility will be a 100 percent self-mining facility. The company already has deployed approximately 2,600 miners that are online and hashing. Once the project is complete, the site will be capable of holding approximately 7,200 miners.

The location is another addition in the PJM market, a wholesale electricity market, for Mawson.

Mawson Infrastructure Group has multiple operations throughout the United States. It provides digital infrastructure, sustainable energy, and next-generation Mobile Data Center solutions.