Mawson Infrastructure Group Launches Bitcoin Mining Operation in Pennsylvania, Exits Australia – Mining Bitcoin News

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Mawson Infrastructure Group Launches Bitcoin Mining Operation in Pennsylvania, Exits Australia – Mining Bitcoin News
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The bitcoin mining operation, Mawson Infrastructure Group, Inc., announced that the firm has broken ground at a site in Sharon, Pennsylvania.

Mawson Infrastructure Group Launches Bitcoin Mining Operation in Pennsylvania, Exits Australia

The miners will consume 12 MW of capacity, but the site can hold up to 35,280 ASIC bitcoin mining rigs, according to Mawson. The firm said the more than 35,000 mining rigs will produce around 4.2 EH/s of SHA256 hashpower, and the first 12 MW will be online during the next quarter.Bitcoin miners, in general, have had a hard time dealing with the crypto market’s downturn, and some mining operations went bankrupt due to losses.

Mawson also operates a 100-megawatt site in Midland, Pennsylvania, and the two bitcoin mining sites combined will produce an estimated 7.8 exahash per second . The Sharon site launch “is further proof of Mawson’s push to deploy infrastructure and energize through 2023 and to achieve our previously stated targets,” said Liam Wilson, the chief operating officer of the bitcoin mining site, in a statement.

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