Mawson signs co-location agreement for ~15,876 miners, ~50 MW at Midland PA

Big Digital Energy, Inc.

Customer co-location agreement with Consensus Technology Group for ~15,876 Bitmain Antminer S19 XP miners (~50 MW) at Midland, PA.
Agreement term: 12 months, extendable; Mawson passes through power costs plus co-location fee per MWh.
Combined self-mining and co-location capacity expected to reach ~109 MW, ~35,480 miners, ~3.7 EH/s hashing.
Cash deposit and power prepayments required from customer; Mawson may earn curtailment revenue from demand response programs.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Big Digital Energy, Inc. entered into Service Framework Agreement with Consensus Colocation PA LLC (effective 2023-10-12).

Action: entry
Agreement: supply
Counterparty: Consensus Colocation PA LLC
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 0001013762-23-005547

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