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Mawson inks deal to launch Australia's largest bitcoin mine

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Mawson Infrastructure Group has inked a deal with Quinbrook Infrastructure Partners to launch Australia’s largest bitcoin mine in northern NSW.

Mawson Infrastructure Group, a digital infrastructure provider, has announced its first Australian site will be online in October 2021, powered by 100 per cent renewable energy, in partnership with Quinbrook Infrastructure Partners.

In a statement issued on Friday, Mawson said the initial 20MW site will be based in Byron Bay, marking the beginning of the company’s strategic operation in Australia.

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Mawson will be deploying a new generation modular data centre specifically designed for Australian conditions at this facility, which will add approximately 0.4 EH to global operations.

“Mawson is seeking to identify renewable energy projects which lead the transition to a decarbonised society, with a key focus on sustainable bitcoin mining,” said James Manning, CEO and founder of Mawson.

“Quinbrook’s deep experience in energy and focus on ESG investment principles made this first project an obvious choice,” Mr Manning noted.

Mawson confirmed that beyond the initial 20MW project, the companies have identified a pipeline of renewable energy assets across the Quinbrook portfolio in Australia and the US where future sites are expected to be jointly developed.

 

Mawson inks deal to launch Australia's largest bitcoin mine

Mawson Infrastructure Group has inked a deal with Quinbrook Infrastructure Partners to launch Australia’s largest bitcoin mine in northern NSW.

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Maja Garaca Djurdjevic

Maja Garaca Djurdjevic

Maja's career in journalism spans well over a decade across finance, business and politics. Now an experienced editor and reporter across all elements of the financial services sector, prior to joining Momentum Media, Maja reported for several established news outlets in Southeast Europe, scrutinising key processes in post-conflict societies.

 

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