Mawson Reveals Record Bitcoin Self-Mining, Increased Hashrate And More In Recent Update

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Mawson Infrastructure Group Inc. (NASDAQ: MIGI) announced unaudited Bitcoin production and operational update for April 2022.

Mawson Self-Mining and Hosting Co-location operating at approximately 2.4 Exahash as at end of April, expected to rise to approximately 3.3 Exahash by end of May 2022.

Bitcoin Self-Mining Update:

In April Mawson produced 171 Bitcoin, +384% vs April 2021 
April average hash rate at approximately 1.3 Exahash, +583% vs April 2021 
April end of month hash rate at approximately 1.4 Exahash, +679% vs April 2021
May end of month hash rate expected to be approximately 1.8 Exahash, producing approximately 8.0 Bitcoin per day

Hosting Co-location Update:

Mawson Hosting Co-location at 28 megawatts online end of April (+75% vs March 2022), expected to rise to approximately 52 megawatts online by end of May (+85% vs April 2022), as Mawson customers Celsius Mining LLC (100 megawatts) and Foundry Digital LLC (12 megawatts) deployments are scaled up

Operational Update:

In April Mawson continued to build out and expand its existing and new …

Full story available on Benzinga.com

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