Mo.bi - Crypto Currency Tracker logo Mo.bi - Crypto Currency Tracker logo
Seeking Alpha 2021-08-12 13:16:27

Mawson Infrastructure purchases additional latest generation ASIC bitcoin miners from Canaan

Mawson Infrastructure (OTCQB:MIGI) purchased an additional 17,352 of Canaan's (NASDAQ:CAN) latest generation ASIC bitcoin miners, adding over 1.5EH to Mawson's existing operations. The miners will be deployed across Mawson's U.S. and Australian operations in 2021 and 2022, with miners to be deployed at the company’s first Australian site in Q4 and also at its flagship facility in Georgia, U.S. "We again reiterate our end of CY21 goal of 2000 PH and end of CY22 goal of 5000 PH, and look forward to updating shareholders further on hardware purchases in due course," CEO and Founder James Manning commented.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.