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Bitcoin (CRYPTO: BTC) mining has been described by some as the gold rush of the 21st century.

Unlike its counterparts that have been in the crypto space for a while, Mawson Infrastructure Group Inc. (NASDAQ:MIGI) is reportedly setting the pace as one of the fastest-growing companies in the industry.

What Sets Mawson Apart?

Founded in 2020, Mawson is currently operating above 1.0 ExaHash (EH) and is expecting to have a hashrate of about 1.1 EH by the end of January, representing 38% growth from November. With the new hashrate, the company plans to be able to produce approximately 5.8 Bitcoins per day. Mawson says it's going through a time of exponential expansion, growing its hashrate to 5 EH in the next 12 months.

“Over the next 12 months, Mawson is going through a period of hyper-growth — moving from 1.1 EH in January 2022 to 5 EH in early quarter 1 of 2023. We are one of the fastest-growing Bitcoin miners on the NASDAQ,” Mawson Chief Commercial Officer Nick Hughes-Jones said.

Directors and management own 24% of Mawson – more than any other NASDAQ-listed Bitcoin miner, Hughes-Jones said. High insider ownership could represent confidence in the prospects of a company and ownership of its shares. 

Ever since the infrastructure-focused company was established, it has managed to purchase over 200 modular data centers (MDCs), over 100 electrical transformers, and more than 40,000 Bitcoin miners.

“At Mawson, we have an infrastructure-first focus. In an industry that is in short supply of energy and energy infrastructure, we are in a good spot. We have the infrastructure in place to scale rapidly,” Hughes-Jones said.

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