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Notably, Mawson now has pipeline sites at its facilities in Australia and its 120 megawatt Texas Bitcoin Mining Facility. We would like to sincerely thank the City of Sandersville for welcoming us into their community and being high-quality partners over the last several years,” Manning added. “We now intend to focus our attention on the continued development of our Pennsylvania and Texas facilities, where we see the opportunity for compelling returns on capital. The CEO and founder of the company James Manning said that Mawson is looking forward to working closely with CleanSpark in the future. Notably, CleanSpark is acquiring 6,468 latest-generation mining rigs from the facility at a price of $42.5 million.Īccording to the official announcement, Mawson is planning to use the proceeds of the sale to minimize its debt and to expand near-term activities at its Midland and Sharon Bitcoin Mining Facilities in Pennsylvania, with a combined energy capacity of 220 megawatts available for Bitcoin Mining. The Bitcoin mining firm has recently decided to purchase its rival Mawson Infrastructure Group’s mining facility in Sandersville, Georgia. It seems that the American Bitcoin mining company CleanSpark has shielded itself from being impacted by the ongoing crypto bear market as it continues its buying spree. This acquisition deal with increase the hashrate generated by the firm to 5.2 EH/s by the year-end with the addition of 6,468 latest-generation mining rigs.Bitcoin miner CleanSpark is set to acquire competitor Mawson Infrastructure Group’s (MIGI) mining facility in Sandersville, Georgia for a whopping $42.5 million.

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In addition, it provides design, software development, and other technology-based consulting services data center services, including rack space, power, and equipment and various cloud services, such as virtual, virtual storage, and data backup services. This segment also offers microgrid energy modeling, energy market communications, and energy management solutions comprising mPulse and mVoult, which are control platforms that enables integration and optimization of multiple energy sources Canvas, a middleware for grid operators and aggregators to administrate load shifting programs Plaid, a middleware for controls and Internet-of-Things products companies to participate in load shifting programs and mVSO, an energy modeling software for internal microgrid design, as well as owns gasification energy technologies for various applications, such as feedstock for the generation of di-methyl ether. The energy segment provides engineering, design and software, custom hardware, open automated demand response, solar, and energy storage solutions for microgrids and distributed energy systems to military, commercial, and residential customers and develops platforms that enables designing, building, operating, and managing of energy assets. The Digital Currency Mining segment engages in mining of bitcoin. It operates in two segments, Digital Currency Mining and Energy. provides bitcoin mining and energy technology solutions worldwide.