other material
confidence high
sentiment positive
materiality 0.75
Mawson signs 3-year colocation deal with Canaan for ~64 MW, ~17,453 ASICs
Big Digital Energy, Inc.
- Agreement with Canaan Inc. for digital colocation of ~17,453 latest-gen ASICs at Mawson's facilities, initial 3-year term.
- Mawson to provide ~64 MW of compute capacity; expects to operate ~5.51 EH/s total hashrate upon deployment.
- Ohio site under development to add 24 MW, raising total capacity to 153 MW.
- Mawson CEO cites 136% YoY colocation revenue growth; Canaan CEO expects sustainable growth partnership.