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Mawson Infrastructure Group Inc. Announces Monthly Operational Update for November 2024

GlobeNewswire LogoGlobeNewswire2w ago

Mawson Infrastructure Group Inc. Announces Monthly Operational Update for November 2024 - GlobeNewswire

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Total Monthly Digital Colocation Revenue grew 111% Y/Y in November 2024 Total Current Operating Hash Rate (EH) of about 4.98 EH/s, with current total operating capacity of 129 MW and expected to grow to 153 MW upon Ohio facility completion MIDLAND, Pa., Dec.10, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc.(NASDAQ: MIGI) ("Mawson” or "the Company”), a publicly-traded technology company focused on digital infrastructure platforms for artificial intelligence (AI), high-performance computing (HPC), and digital assets markets, today announced its unaudited business and operational update for November 2024.

Northland Capital Markets Growth Conference - December 12, 2024Axios Artificial Intelligence (AI) Summit – December 16-17, 2024 in San Francisco ICR Conference 2025 – January 13-15, 2025 in OrlandoPacific Telecommunications Council - January 20-22, 2025 in Honolulu About Mawson Infrastructure Mawson Infrastructure Group (NASDAQ: MIGI) is a technology company that offers digital infrastructure platforms for AI, HPC, and digital assets.

Our synergistic business portfolio and our enhanced strategic, operational, and technological capabilities are expected to continue to be a competitive advantage for us moving forward.” Unaudited financial and operational highlights for November 2024: Monthly Digital Colocation Revenue was up 111% Y/Y, growing from $1.98 million in November 2023 to about $4.18 million in November 2024.

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Article Details

Author / Journalist: Mawson Infrastructure Group Inc.

Category: Technology

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-10 @ 22:00:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 612 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 24338863

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 2 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 13 hours ago

Coverage Areas: China

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Publisher ID: #116

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