Mawson signs co-location agreement for 50 MW & 15,876 miners with Consensus Technology Group

Big Digital Energy, Inc.

Agreement for ~15,876 Bitmain Antminer S19 XP miners (approx. 50 MW) at Midland, PA site.
12-month term with mutual extension option; customer provides cash deposit and power prepayments.
Power costs passed through to customer, fixed for 10 months/year, market for remainder.
Combined self-mining + co-location fleet expected to reach ~35,480 miners and ~3.7 EH/s.
Co-location fee per MWh plus other fees; customer eligible for curtailment revenue from demand response.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Big Digital Energy, Inc. entered into Service Framework Agreement with Consensus Colocation PA LLC valued at Provision of co-location services for approximately 50MW at Midland PA site for 12 months, with cash (effective 2023-10-12).

Action: entry
Counterparty: Consensus Colocation PA LLC
Value: Provision of co-location services for approximately 50MW at Midland PA site for 12 months, with cash
Effective: 2023-10-12

Exact text from the filing

On October 12, 2023, a wholly-owned subsidiary of Mawson Infrastructure Group Inc. (the “Company”), Mawson Hosting, LLC (the “Service Provider”), and a wholly-owned subsidiary of Consensus Technology Group LLC, Consensus Colocation PA LLC (the “Customer”), executed a Service Framework Agreement for the provision of certain co-location services (the “Agreement”).

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Source: SEC EDGAR

accession 0001013762-23-004953

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