Soluna and Bitdeer Expand Texas Co-Mining Project to 35 MW
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Key Takeaways
- Soluna and Bitdeer added 7 MW to their Project Kati 1 agreement, bringing the total site capacity to 35 MW.
- The expansion increases the total hash rate at the South Texas facility to approximately 2.42 EH/s.
- Bitdeer will deploy Sealminer A2 Pro Air equipment, with completion targeted for November 2026.
- The co-mining arrangement involves shared proceeds, with Soluna providing infrastructure and Bitdeer providing hardware.
Soluna Holdings, Inc. (NASDAQ: SLNH) has finalized an amendment to its agreement with Dory Creek, LLC, a subsidiary of Bitdeer Technologies Group (NASDAQ: BTDR). The update increases the Bitcoin mining capacity at Soluna's Project Kati 1 facility in South Texas by 7 MW. This addition brings the total power allocation for the partnership at the site to 35 MW, effectively filling the capacity for the project's K1BC phase.
The expansion utilizes a co-mining framework where Bitdeer provides and retains ownership of its Sealminer A2 Pro Air mining hardware. Soluna is responsible for providing the data center infrastructure, power, and turnkey operational management. Revenue generated from the mining activities is shared between the two entities.
Deployment of the additional 7 MW is scheduled to conclude in November 2026. Soluna Chief Executive Officer John Belizaire stated that the expansion of the August agreement reflects the success of the co-mining model. The company indicated that the operational track record established at Project Kati 1 will serve as a template for future data center developments.
