Mawson Infrastructure Group (NASDAQ: MIGI)

We're #hiring a new Chief Accounting Officer in United States. Apply today or share this post with your network.

We're #hiring a new Finance Manager in United States. Apply today or share this post with your network.

Mawson Infrastructure Group Inc. Announces Monthly Operational Update for July 2024 🏦 Digital Assets Colocation Monthly Revenue up 54% Y/Y from July last year 🖥 Recently Expanded into AI (Artificial Intelligence) and HPC (High-Performance Computing) Markets 📈 AI/HPC Colocation Agreement Recently Signed Expected to Generate Cumulative Revenue Potential of $285 Million1 through 6-Year Term Rahul Mewawalla, CEO and President, stated, “We are pleased to deliver another month of significant progress across several key areas that are expected to contribute to future growth opportunities for our digital infrastructure platforms, including delivering 54% year-over-year growth in our digital assets colocation revenue. We also have been ramping up our recent digital assets enterprise colocation customer deployment post the 20 MW expansion, which has grown our current operational capacities at our Midland Facility to 120MW, and increased our overall current operating capacity to 129MW. In addition, we have expanded our digital colocation business into new digital assets with this ramp up of our latest customer deployment. Moreover, the recent expansion of our business into AI (artificial intelligence) and HPC (high-performance computing) colocation services marks a significant step forward in our long-term growth strategy. This expansion not only broadens our revenue streams but also positions Mawson as a rising player in the AI and HPC infrastructure space, while expanding our growth and innovation initiatives, as we continue to position ourselves strategically in the overall digital infrastructure space.” Full Release: https://lnkd.in/dNmEUZmh #MawsonInc #MIGI #AI #TechInnovation #DigitalInfrastructure #AIEthics #TechLeadership #digitalinfrastructure #innovations #technology #business #FutureTech #DigitalEconomy #HPC #digitalcurrency #lowcarbon #ProofofWork #blockchain #decentralized #innovation #artificialintelligence #HighPerformanceComputing #blockchaintechnology #digitalasset #uptime #pittsburgh #Pennsylvania

We're #hiring a new Project Manager - AI/HPC Data Centers in United States. Apply today or share this post with your network.

Excited to share insights on the edge computing revolution from our CEO and President, Rahul Mewawalla, in Fast Company:   📊 Edge computing market projected to reach $140 billion by 2030  🚗 Real-world applications in autonomous vehicles, smart cities, and IoT  ⚡ Enables real-time data processing and decision-making  🔒 Addressing challenges in security and standardization   At Mawson Infrastructure Group (NASDAQ: MIGI), we're at the forefront of digital infrastructure, powering innovations like edge computing that are reshaping our world.   Read the full article: https://lnkd.in/gYkxdN9R #digitalinfrastructure #innovations #technology #business #FutureTech #DigitalEconomy #HPC #digitalcurrency #lowcarbon #ProofofWork #blockchain #decentralized #innovation #artificialintelligence #HighPerformanceComputing #blockchaintechnology #digitalasset #uptime #pittsburgh #Pennsylvania #MawsonInc  #MIGI  #AI  #TechInnovation #DigitalInfrastructure #AIEthics #TechLeadership

We're #hiring a new Deputy Chief Financial Officer in United States. Apply today or share this post with your network.

We're #hiring a new Senior Litigation Counsel in United States. Apply today or share this post with your network.

Mawson Infrastructure Group Inc. Reports Q2 2024 Financial Results ⬆️Q2 Digital Colocation Business Revenue increased 77% Y/Y ⬆️Q2 Energy Management Business Revenue increased 70% Y/Y ⬆️Company Optimized and Reduced Q2 SG&A Expenses by 42% Y/Y ⬆️Q2 2024 Total Revenue Increased 24% Y/Y and Increased 75% YTD (6 months) of 2024 Rahul Mewawalla, CEO and President of Mawson, said, "We are pleased to deliver another solid quarter, including growth of our digital colocation business with revenue increasing by 77% this quarter, and growth of our energy management business with revenue increasing by 70% this quarter, compared to the same quarter last year. In line with our long-term growth strategy, we are also delighted to continue to make significant strategic strides and have achieved several major milestones. We have successfully completed the operational expansion of our Midland facilities by 20% to 120 MW, which is expected to be amongst the largest operating sites in the PJM market amongst all the North American Public Bitcoin mining companies. We also further strengthened our market presence by signing and executing an additional colocation agreement with an enterprise customer. In addition, we expanded our digital colocation business into new digital assets. Moreover, we recently broadened our business to include AI (artificial intelligence) and HPC (high-performance computing) colocation markets, reflecting our continued focus on innovation and evolving market and customer needs. We are excited about the future of our digital infrastructure platforms and our computing infrastructure to provide solutions across digital assets, AI, and HPC markets.” Full Release: https://lnkd.in/euHf-n7Y #MawsonInc #MIGI #AI #TechInnovation #DigitalInfrastructure #AIEthics #TechLeadership #digitalinfrastructure #innovations #technology #business #FutureTech #DigitalEconomy #HPC #migi #digitalcurrency #lowcarbon #ProofofWork #blockchain #decentralized #innovation #artificialintelligence #HighPerformanceComputing #blockchaintechnology #digitalasset #uptime #pittsburgh #Pennsylvania

We're #hiring a new Senior Litigation Counsel in United States. Apply today or share this post with your network.

Mawson Infrastructure Group Inc. to Join World Summit AI (Artificial Intelligence) in October 2024 💻 CEO and President Rahul Mewawalla to Represent Mawson at Major AI Innovation Event Rahul Mewawalla, Mawson's CEO and President, commented, "We're excited to participate in the World Summit AI, a premier event for the AI industry. Our participation aligns well with our recent expansion into AI and HPC markets and our vision to be at the forefront of next-generation digital infrastructure platforms for AI, HPC, and Digital Assets. The summit provides a great platform to further showcase Mawson's capabilities and engage with industry leaders that are shaping the future of digital infrastructure for AI and HPC markets." Full Release: https://lnkd.in/eE8aUJzv #digitalinfrastructure #innovations #technology #business #FutureTech #AI #DigitalEconomy #HPC #migi #digitalcurrency #lowcarbon #ProofofWork #blockchain #decentralized #innovation #artificialintelligence #HighPerformanceComputing #blockchaintechnology #digitalasset #uptime #pittsburgh #Pennsylvania #MawsonInc #MIGI #AI #TechInnovation #DigitalInfrastructure #TechLeadership World Summit AI #WSAI24 #AICommunity #DoAIDifferent