Austin's questions to Mawson Infrastructure Group (MIGI) leadership • Q2 2022
Question
Speaking on behalf of Darren Aftahi from ROTH Capital Partners, Austin asked about the current average cost per megawatt to develop infrastructure, whether that pricing has changed recently, and if it varies by location.
Answer
James Manning, Founder and CEO, explained that the cost varies by location depending on factors like substation requirements and grid upgrades. He stated that on average, the cost is in the low to mid $200,000 per megawatt, which has increased from the previous year due to inflationary pressures. However, he noted that Mawson has managed these costs effectively by having a significant amount of infrastructure forward-ordered.