Category: Mawson

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Bitcoin miner Mawson to defer all major capital expenditures until market conditions normalize

June 28, 2022

The bear market is affecting all segments of the crypto industry, including Bitcoin miners, which have seen their revenues decline sharply this year. On Tuesday, Bitcoin (BTC) mining company Mawson Infrastructure Group said that it was suspending major capital expenditures until market conditions normalize. In addition, the firm is voluntarily reducing its energy use, also…
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Bitcoin Miner Mawson Inks Hosting Deals With Celsius Mining and Foundry Digital

March 5, 2022

The bitcoin mining operation Mawson Infrastructure Group (MIGI) has started to make hosting deals with key players in the mining industry. On March 1, Securities and Exchange Commission (SEC) documents show that Mawson signed a 100-megawatt (MW) co-location agreement with Celsius Mining. Three days later, Mawson announced a 12-megawatt (MW) co-location deal with Foundry Digital. …
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