Soluna Holdings and Canaan Inc. have signed a internet hosting settlement to deploy the 20-megawatt Avalon A15 XP Bitcoin Miner at Soluna's Dorothy Website in Briscoe County, Texas.
Avalon A15 XP rig in Canaan heads to the wind farm in Solna, Briscoe County
The deal, introduced Tuesday, is situated within the facility with Canaan putting roughly one second per second (eh/s) of computing. The corporate stated its set up is predicted to start within the first quarter of 2026.
Soluna, developer of renewable knowledge facilities, stated internet hosting brings further use to the Dorothy Campus and is listed on Nasdaq to permit Canaan to take action. Each firms assembled this association as commonplace internet hosting. Soluna supplies infrastructure. Canaan provides machines.
The Dorothy Complicated consists of modular targets = “_ clean”>Bitcoin mining and AI.
The information follows Soluna's August announcement that Galaxy Digital has deployed 48 megawatts of Bitcoin mining gear to Undertaking Kati 1 in Soluna, Texas, main the power to 83 MW capability. Canaan's internet hosting is evident and tied to Dorothy's web site.
Canaan stated the Avalon A15 XP unit might be run on the wind energy campus on Soluna's modular infrastructure, focusing on effectivity and reliability. Soluna trades on Nasdaq as SLNH. SLNH shares have fallen by greater than 15% within the final 5 buying and selling classes, however since final month, SLNH has risen 422%.
The events highlighted the mixture of entry to easy operation of renewable vitality and grid entry, with the preliminary rig anticipated to reach earlier than the beginning of 2026.
