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Mawson Infrastructure Group Secures New Bitcoin Mining Site in Ohio with Plans for Expansion

Bitcoin mining firm Mawson Infrastructure Group has secured a new mining site in Corning, Ohio, with plans to set up its miners at the location by Q3 2023 and raise the operation's hashpower by 1 exahash per second (EH/s). The new site will offer a starting capacity of 24 MW, with plans to expand to an additional 26 MW.

Mawson already operates 240 MW of capacity in the surrounding area. The company's publicly-listed shares (Nasdaq: MIGI) have experienced a 5% drop in the last 24 hours despite the expansion news. Mawson's initial plan for the Corning facility is to house 12 mobile data center units and 7,056 miners.

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