Mawson Infrastructure Group Inc. Announces Expansion Of Sandersville, Georgia USA Facility By 11 Acres And Update On Phase 2 Construction

Mawson’s subsidiary, Luna Squares LLC, now has consecutive options to extend the lease out to 2047 and also has the option to acquire the site outright

Mawson Infrastructure Group Inc, a digital infrastructure provider with diversified operations across bitcoin mining and digital asset management, is pleased to announce it has expanded its flagship site in Georgia, USA by 11.3 acres pursuant to an amendment to the lease held by its subsidiary Luna Squares LLC.

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The additional acreage will be used to expand Mawson’s proprietary bitcoin mining operations, as well as the hosting operations of the company. The additional land and associated power infrastructure is expected to accommodate the already purchased 3EH of ASIC bitcoin mining hardware and is expected to continue to have an attractive renewable/non-carbon emitting energy mix.

Construction on the phase 2 expansion of the Luna Squares LLC site began in July 2021, is expected to complete in Q4 2021, and has been designed to provide up to 100MW of power capacity for the company at this facility. The site will then enter the phase 3 expansion which will be rolled out over the following 12 months, and is expected to enable significant additional power capacity for the company’s bitcoin mining and hosting operations.

James Manning, CEO and Founder of Mawson, said, “We are delighted to have recently extended our relationship with the City of Sandersville in terms of tenure and scale. It has been a pleasure working with the local city administrators, the local community and of course our local workforce. This expansion underpins our targeted growth out to 5EH by early 2023.”

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