- Cryptocurrency miner Mawson Infrastructure Group ( NASDAQ: MIGI ) self-produced 102 bitcoins ( BTC-USD ) in September, up from 90 in August, it said Tuesday.
- It mining capacity of 1.7 exahash per second, though, stayed flat from the prior month.
- During the month, Mawson ( MIGI ) focused on the exit from its Sandersville, Georgia facility in a bid to refocus its expansion efforts at its Pennsylvania facilities, it said Tuesday.
- Specifically, Mawson ( MIGI ) completed the sale of certain assets at the Sandersville, Georgia facility to CleanSpark ( CLSK ) for ~$40.0M. MIGI expects to make an $18M profit from the sale in the fourth quarter.
- In Q4, MIGI said it will focus on its reduction of debt, relocate ASIC servers from Georgia to Pennsylvania, and explore opportunities to expand its mining business.
- In July, Mawson Infrastructure to raise $6.4M in stock and warrants offering .
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Mawson Infrastructure mines 13% more bitcoins in September vs. August