Total Revenue in BTC Surges 23%: Mawson Infrastructure’s July Update

Aug 23, 2023

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Total Revenue Equivalent in BTC Increased 23% M/M

Mawson Infrastructure Group Inc. (NASDAQ:MIGI) has announced its unaudited business and operational update for July 2023. The company reported a 23% month-over-month increase in total revenue equivalent in BTC. Total operational capacity as of July 31, 2023, was approximately 96 Megawatts, with the capacity to support approximately 27,636 miners.

Summary

Mawson Infrastructure Group Inc. (NASDAQ:MIGI) has reported a 23% month-over-month increase in total revenue equivalent in BTC. The company’s total operational capacity as of July 31, 2023, was approximately 96 Megawatts, with the capacity to support approximately 27,636 miners.

Introduction

Mawson Infrastructure Group Inc. has announced its unaudited business and operational update for July 2023. The company reported a 23% month-over-month increase in total revenue equivalent in BTC. It also disclosed that its total operational capacity as of July 31, 2023, was approximately 96 Megawatts, with the capacity to support approximately 27,636 miners.

Main Points

  • Mawson Infrastructure Group Inc. reported a 23% month-over-month increase in total revenue equivalent in BTC.
  • The company’s total operational capacity as of July 31, 2023, was approximately 96 Megawatts.
  • The company has the capacity to support approximately 27,636 miners.
  • Mawson is focused on optimizing its self-mining capabilities and throughput through operational structure enhancements and hardware management.
  • The company’s uptime and miner performance has remained robust despite increased summer temperatures.

Conclusion

Mawson Infrastructure Group Inc. has reported a 23% month-over-month increase in total revenue equivalent in BTC. The company’s total operational capacity as of July 31, 2023, was approximately 96 Megawatts, with the capacity to support approximately 27,636 miners. Mawson is focused on optimizing its self-mining capabilities and throughput, and it has seen positive interest from potential hosting customers due to its strategic location in the desirable PJM power market.

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