Mawson Infrastructure Group Inc. Joins the Crypto Climate Accord

Rhea-AI Summary

Mawson Infrastructure Group (NASDAQ:MIGI) has joined the Crypto Climate Accord (CCA), a private sector initiative aimed at decarbonizing the cryptocurrency industry. This initiative aligns with Mawson's commitment to sustainability, pledging to use predominantly sustainable energy sources such as nuclear, wind, and hydro. Mawson aims for net-zero carbon emissions by 2030 and is focused on assisting the global transition to a decarbonized society. CEO James Manning expressed enthusiasm for collaborating with other organizations towards these environmental goals.

Positive

• Joined the Crypto Climate Accord, enhancing sustainability credentials.
• Commits to net-zero carbon emissions by 2030 with sustainable energy sources.

Negative

• None.

Mawson is committed to building a sustainable business for our investors and our planet

SYDNEY--(BUSINESS WIRE)-- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson”), a digital infrastructure provider, is pleased to announce it has joined the Crypto Climate Accord (“CCA”). The CCA, inspired by the Paris Climate Agreement, is a private sector-led initiative for the entire crypto community focused on decarbonizing the cryptocurrency and blockchain industry.

The CCA’s objective is to decarbonize the global crypto industry by prioritizing climate stewardship and supporting the entire crypto industry’s transition to net-zero greenhouse gas emissions by 2040.

Mawson is committed to being a sustainable Bitcoin Miner and uses predominantly sustainable energy including nuclear, wind and hydro, as part of its broader commitment to Net Zero Carbon 2030.

James Manning, CEO and Founder of Mawson, said, “We are delighted to join the Crypto Climate Accord as a Supporter and are excited to be part of like-minded groups who, like Mawson, are working towards achieving Net Zero Carbon emissions. Our integrated model is based on a long-term strategy to assist in the global transition to a decarbonised society.”

About Mawson Infrastructure

Mawson Infrastructure is a digital infrastructure provider, Headquartered in Sydney, Australia and operating across the USA and Australia, Mawson Infrastructure’s mission is to build a bridge between the rapidly emerging digital asset industry and traditional capital markets, with a strong focus on shareholder returns. Mawson matches energy infrastructure with next-generation mobile data centre solutions, enabling the proliferation of blockchain technology.

For more information, visit: www.mawsoninc.com and https://cryptoclimate.org/

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

Mawson cautions that statements in this press release that are not a description of historical fact are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words referencing future events or circumstances such as “expect,” “intend,” “plan,” “anticipate,” “believe,” and “will,” among others. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are based upon Mawson’s current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties, which include, without limitation, the possibility that Mawson’s need and ability to raise additional capital, the development and acceptance of digital asset networks and digital assets and their protocols and software, the reduction in incentives to mine digital assets over time, the costs associated with digital asset mining, the volatility in the value and prices of cryptocurrencies and further or new regulation of digital assets. More detailed information about the risks and uncertainties affecting Mawson is contained under the heading “Risk Factors” included in Mawson’s Annual Report on Form 10-K filed with the SEC on March 1, 2021 and Mawson’s Quarterly Report on Form 10-Q filed with the SEC on November 15, 2021, and in other filings Mawson has made and may make with the SEC in the future. One should not place undue reliance on these forward-looking statements, which speak only as of the date on which they were made. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Mawson undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made, except as may be required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211129005106/en/

Investor Contact:

Brett Maas

646-536-7331

brett@haydenir.com

www.haydenir.com

Source: Mawson Infrastructure Group Inc.

FAQ

What is Mawson Infrastructure Group's commitment in the Crypto Climate Accord?

Mawson Infrastructure Group (NASDAQ:MIGI) is committed to supporting the decarbonization of the cryptocurrency industry as part of the Crypto Climate Accord.

What sustainable energy sources does Mawson use for its operations?

Mawson primarily uses sustainable energy sources including nuclear, wind, and hydro for its Bitcoin mining operations.

When is Mawson aiming for net-zero carbon emissions?

Mawson is aiming for net-zero carbon emissions by 2030.

Who is the CEO of Mawson Infrastructure Group?

The CEO of Mawson Infrastructure Group is James Manning.

What industry initiative has Mawson Infrastructure Group joined?

Mawson Infrastructure Group has joined the Crypto Climate Accord.