Bitcoin Miner Mawson to Expand U.S. Mining Facility Capability to 7.5 EH/s

The facility in Sandersville, Georgia, will mainly use nuclear and hydro energy sources.

AccessTimeIconMar 3, 2022 at 4:24 p.m. UTC
Updated Mar 3, 2022 at 5:15 p.m. UTC

Aoyon Ashraf is managing editor with more than a decade of experience in covering equity markets

Australian bitcoin miner Mawson Infrastructure (MIGI) plans to expand its Sandersville, Georgia mining facility to 230 megawatts (MW), which will be capable of generating up to 7.5 exahash per second (EH/s) mining power.

  • The facility is expected to become fully operational with the additional 150 MW online in the third quarter of this year, the miner said in a statement on Thursday.
  • Previously Mawson said the facility would have 100MW of power capacity by early Q1.
  • Mawson cracked 1 EH/s mining power in January and said it expects its hashrate to be around 1.35 EH/s by the end of February, which would bring the miner’s share of mining power closer to 1% of total Bitcoin network’s hashrate. Total Bitcoin network hashrate was about 189 EH/s as of March 2, according to data analytics firm Glassnode.
  • The Sandersville facility mainly uses nuclear and hydro energy sources, the miner said. Mawson also intends to use Carbon Credits and Renewable Energy Credits at the facility to ensure the miner’s goal of being 100% net carbon-neutral by 2030 is on track.

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Aoyon Ashraf is managing editor with more than a decade of experience in covering equity markets

CoinDesk - Unknown

Aoyon Ashraf is managing editor with more than a decade of experience in covering equity markets

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