Digital infrastructure provider Mawson Infrastructure Group has completed the installation of two additional substation transformers at its 100-MW facility in Midland, Pennsylvania.
According to the company, the transformers will enable it to power the second 50 MW of capacity at the facility, which can accommodate up to 29,400 miners and produce up to 3.5 exahashes per second once fully deployed.
The site is anticipated to become fully operational in the early second quarter of 2023, with the transformers serving as the last necessary infrastructure to connect the previously built-out poles and wires. Mawson expects its self-mining and hosting operations at the site to double once its modular data centers and ASIC miners are completely deployed.
The company notes that the completion of the site will enable it to grow its participation in the Energy Markets Program, allowing it to participate with full 100 MW of power in both curtailment and demand response programs.
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Mawson earned over $4 million in revenue in December through its current programs, operating at 50 MW.
The Midland site is one of the two large-scale Bitcoin mining operations the company controls in the area, with the other being the proposed 120 MW facility in Sharon, Pennsylvania. The Sharon facility is expected to come online incrementally through 2023/24, commencing in the second quarter of 2023 with the recently announced 12 MW of self-mining operations.
“The financial flexibility of Mawson’s diversified revenue streams is what makes these sites so attractive,” Liam Wilson, COO of Mawson, said. “This site also operates on carbon-free power, which is a great help towards meeting our ESG targets. Mawson is looking forward to a strong start to our 2023 with rapidly expanding our operations.”
Mawson Infrastructure Group is a digital infrastructure provider, with multiple operations throughout the U.S. and Australia.
