New Customer Agreement for 1,764 miners or approximately 6 MW with Provision for Expansion
Full Deployment Expected to be Completed by Year-end
Once Completed, Mawson expected to have total capacity of 35,624 miners or about 109 MW with hashing capacity of approximately 3.8 EH/s1
PITTSBURGH, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) ("Mawson" or the "Company"), a digital infrastructure company, is pleased to announce that the Company has signed a new customer co-location agreement between a wholly-owned subsidiary of Mawson and Krypton Technologies LLC ("Krypton").
The new customer co-location agreement executed between Mawson's CEO and Krypton's Managing Partner on December 13, 2023, is for Mawson to provide Krypton with co-location services for 1,764 miners or approximately 6 MW at Mawson's Midland, Pennsylvania facilities. Initial co-location customer agreement term is for 12 months, and the parties can extend upon mutual agreement. The co-location customer agreement also provides flexibility for future potential capacity expansion.
Rahul Mewawalla, Mawson's CEO and President, commented, "We are extremely pleased to sign and welcome another co-location customer, which we expect to contribute further to the growth of our co-location business next year. We are excited about the recent successes in our co-location business combined with the growth we have driven in our self-mining business, along with our increased capabilities in our energy management business, as we look to 2024 ahead."
David Huang, Managing Partner of Krypton Technologies LLC, stated, "We were impressed with the Mawson facilities and organization, and are looking forward to being a customer of Mawson's co-location business and their platform capabilities. We are looking forward to working with Mawson on a deployment by year-end and potentially extending our relationship further."
The Krypton agreement executed in December further increases Mawson's co-location business in addition to the growth that Mawson's self-mining business has driven in recent months. In October, Mawson signed a customer co-location agreement with a wholly owned subsidiary of Consensus Technology Group LLC ("Consensus") for Mawson to provide co-location services for 15,876 miners or approximately 50 MW. The Consensus deployment was completed by Mawson in mid-November, and the Krypton deployment is expected to be completed by the end of December. Mawson anticipates its Midland, Pennsylvania facilities operating at a capacity of 100 MW with the combined potential for self-mining and co-location fleets at its Midland facilities comprising approximately 32,900 miners and 3.6 EH/s. In addition to its facilities at Midland, Mawson has other facilities in Bellefonte, Pennsylvania, which is used entirely for self-mining purposes. As of the end of November 2023, the Bellefonte facility was operating at approximately 8.8 MW of capacity with approximately 2,720 self-miners hashing. With self-mining and the total co-location platforms combined, Mawson's facilities are expected to have a capacity of about 109 MW and about 35,624 miners along with a total hashing capacity of approximately 3.8 EH/s.
About Mawson Infrastructure Group
Mawson Infrastructure Group (NASDAQ: MIGI) is a digital infrastructure company. Mawson's vertically integrated model is based on a long-term strategy to promote the global transition to the new digital economy. Mawson aligns digital infrastructure, sustainable energy, and next-generation fixed and mobile data center solutions, enabling efficient Bitcoin production and on-demand deployment of digital infrastructure assets. Mawson Infrastructure Group is emerging as a global leader in ESG focused digital infrastructure and Bitcoin mining.
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About Krypton Technologies
Krypton Technologies LLC is a fully integrated, crypto mining services management company. Krypton offers infrastructure site build-out, management, and hosting services for advanced data, artificial intelligence (AI), and crypto mining companies. Headquartered in Las Vegas, Nevada, Krypton consists of crypto industry veterans of major crypto mining companies. To date, Krypton has over 65 megawatts of crypto mining sites under management, across Texas, Kansas, and Pennsylvania.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
Mawson cautions that statements in this press release that are not a description of historical fact are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words referencing future events or circumstances such as "expect," "intend," "plan," "anticipate," "believe," and "will," among others. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are based upon Mawson's current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties, which include, without limitation, the possibility that Mawson's need and ability to raise additional capital, the development and acceptance of digital asset networks and digital assets and their protocols and software, the reduction in incentives to mine digital assets over time, the costs associated with digital asset mining, the volatility in the value and prices of cryptocurrencies and further or new regulation of digital assets. More detailed information about the risks and uncertainties affecting Mawson is contained under the heading "Risk Factors" included in Mawson's Annual Report on Form 10-K filed with the SEC on March 23, 2023, and Mawson's Quarterly Report on Form 10-Q filed with the SEC on May 15, 2023, August 21, 2023, November 15, 2023, and in other filings Mawson has made and may make with the SEC in the future. One should not place undue reliance on these forward-looking statements, which speak only as of the date on which they were made. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Mawson undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made, except as may be required by law.
Investor Contact:
Sandy Harrison
Chief Financial Officer
IR@mawsoninc.com
1 Includes approximately 1.3 EH/s from self-mining platform and approximately 2.5 EH/s from co-location platform.
适用于1,764台矿机或约6兆瓦的新客户协议,包含扩建条款
全面部署预计将于年底完成
建成后,Mawson 的总容量预计为 35,624 个矿工,约为 109 兆瓦,哈希容量约为 3.8 EH/s1
匹兹堡,2023年12月19日(环球新闻专线)——数字基础设施公司莫森基础设施集团公司(纳斯达克股票代码:MIGI)(“Mawson” 或 “公司”)欣然宣布,该公司已在莫森的全资子公司与氪星科技有限责任公司(“Krypton”)之间签署了新的客户同地办公协议。
Mawson首席执行官与Krypton管理合伙人于2023年12月13日签署的新客户托管协议要求Mawson为Krypton在宾夕法尼亚州莫森的米德兰工厂为1,764名矿工(约6兆瓦)提供托管服务。最初的同地办公客户协议期限为12个月,经双方同意,双方可以延长。同地办公客户协议还为未来潜在的容量扩展提供了灵活性。
Mawson 首席执行官兼总裁 Rahul Mewawalla 评论说: “我们非常高兴签约并欢迎另一位托管客户,我们预计这将进一步推动我们明年托管业务的增长。展望2024年,我们对托管业务最近取得的成功、自采业务的增长以及能源管理业务能力的提高感到兴奋。”
Krypton Technologies LLC管理合伙人黄大卫, 声明, “Mawson的设施和组织给我们留下了深刻的印象,并期待成为Mawson托管业务及其平台能力的客户。我们期待与Mawson合作在年底之前进行部署,并有可能进一步扩大我们的关系。”
除了莫森的自采业务在最近几个月推动的增长外,12月签署的氪协议还进一步增加了莫森的托管业务。10月,莫森与共识科技集团有限责任公司(“共识”)的全资子公司签署了客户托管协议,由Mawson为15,876名矿商或约50兆瓦的矿工提供托管服务。莫森在11月中旬完成了共识的部署,而氪气的部署预计将在12月底之前完成。莫森预计,其位于宾夕法尼亚州米德兰的设施将以100兆瓦的容量运行,其米德兰设施的自采和共置船队总共有可能包括约32,900名矿工和3.6EH/s。除了位于米德兰的设施外,莫森在宾夕法尼亚州的贝尔丰特还有其他设施,完全用于自采目的。截至 2023 年 11 月底,贝尔丰特设施的运行容量约为 8.8 兆瓦,大约有 2,720 名自采矿工正在进行哈希处理。综合自采矿和总托管平台,预计Mawson的设施容量约为109兆瓦和约35,624名矿工,总哈希容量约为3.8 EH/s。
关于 Mawson 基础设施集团
莫森基础设施集团(纳斯达克股票代码:MIGI)是一家数字基础设施公司。莫森的垂直整合模式基于促进全球向新数字经济过渡的长期战略。Mawson 协调数字基础设施、可持续能源以及下一代固定和移动数据中心解决方案,实现高效的比特币生产和数字基础设施资产的按需部署。莫森基础设施集团正在成为以ESG为重点的数字基础设施和比特币采矿领域的全球领导者。
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关于氪星科技
Krypton Technologies LLC是一家完全整合的加密采矿服务管理公司。Krypton 为高级数据、人工智能 (AI) 和加密采矿公司提供基础设施站点建设、管理和托管服务。Krypton总部位于内华达州拉斯维加斯,由主要加密矿业公司的加密行业资深人士组成。迄今为止,Krypton在德克萨斯州、堪萨斯州和宾夕法尼亚州管理着超过65兆瓦的加密采矿场。
关于前瞻性陈述的警示性说明
莫森警告说,本新闻稿中未描述历史事实的陈述是1995年《私人证券诉讼改革法》所指的前瞻性陈述。前瞻性陈述可以通过使用提及未来事件或情况的词语来识别,例如 “期望”、“打算”、“计划”、“预测”、“相信” 和 “将” 等。由于此类陈述受风险和不确定性的影响,因此实际结果可能与此类前瞻性陈述所表达或暗示的结果存在重大差异。这些前瞻性陈述基于莫森当前的预期,涉及可能永远无法实现或可能被证明不正确的假设。由于各种风险和不确定性,实际结果和事件发生时间可能与此类前瞻性陈述中的预期存在重大差异,其中包括但不限于Mawson筹集额外资本的需求和能力、数字资产网络和数字资产及其协议和软件的开发和接受、随着时间的推移开采数字资产的激励措施的减少、与数字资产开采相关的成本、加密货币价值和价格的波动以及对数字资产的进一步或新的监管。有关影响莫森的风险和不确定性的更多详细信息包含在 “风险因素” 标题下,这些信息包含在莫森于2023年3月23日向美国证券交易委员会提交的10-K表年度报告和莫森于2023年5月15日、2023年8月21日、2023年11月15日向美国证券交易委员会提交的10-Q表季度报告以及莫森已经提交和将来可能向美国证券交易委员会提交的其他文件中。不应过分依赖这些前瞻性陈述,这些陈述仅代表发表之日。由于此类陈述受风险和不确定性的影响,因此实际结果可能与此类前瞻性陈述所表达或暗示的结果存在重大差异。除非法律要求,否则Mawson没有义务更新此类声明以反映其发布之日后发生的事件或存在的情况。
投资者联系人:
桑迪哈里森
首席财务官
IR@mawsoninc.com
1 包括来自自采平台的大约 1.3 EH/s 和来自托管平台的大约 2.5 EH/s。