Mawson Infrastructure Group Inc. announced its unaudited business and operational update for November 2024, highlighting a 111% year-over-year growth in total monthly digital colocation revenue. This growth contributed to an overall increase in total monthly revenue.
The company reported a total current operating hash rate of approximately 4.98 EH/s. Its current total operating capacity stands at 129 MW, demonstrating its existing infrastructure scale.
Mawson anticipates further expansion, with total operating capacity expected to grow to 153 MW upon the completion of its Ohio facility. This ongoing development underscores the company's commitment to increasing its digital infrastructure footprint.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.