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3 Feb, 2022
By Stephen Cedric Jumchai
Digital infrastructure provider Mawson Infrastructure Group Inc. is looking to build a 100-MW Bitcoin mining facility on the grounds of a former industrial site in Midland, Pa.
The capacity will be available to the PJM Interconnection LLC grid operators as a grid balancing resource through Voltus Inc.'s marketplace software platform. Mawson expects to bring 50 MW of load online by March and the remaining 50 MW by June, according to a Feb. 2 news release.
In addition, Mawson entered a five-year power purchase agreement with Energy Harbor Corp. for 100% carbon-free electricity for the planned Midland facility.
"Cryptomining load is expected to reach nearly 10,000 MW in the U.S. over the next five years," said Voltus CEO and co-founder Gregg Dixon in the news release. "Voltus can control these loads in a fully automated fashion, connecting this capacity to power markets that value them, resulting in cash back to miners, reliable resources for grid operators, and a balancing resource to improve the reliability of much-needed renewable energy."