Soluna and Bitdeer Expand Texas Bitcoin Mining Deal to 35 MW — Soluna Holdings, Inc.

Event summary

Soluna and Bitdeer expanded their co-mining agreement to 35 MW at Project Kati 1 in South Texas, up from 28 MW.
Bitdeer will deploy an additional 7 MW of Sealminer A2 Pro Air mining equipment, bringing total hash rate to 2.42 EH/s.
Project Kati 1's K1BC phase is now fully subscribed, with completion of the expansion expected in November 2026.
The deal follows the same co-mining structure introduced in August, where Soluna provides site, power, and operations while Bitdeer owns the equipment.

The big picture

This expansion validates Soluna's co-mining model and demonstrates strong demand for renewable-powered Bitcoin mining infrastructure. The deal comes as the industry faces increasing pressure to adopt sustainable computing solutions. Soluna's ability to fully subscribe its first phase positions it favorably among competitors in the green data center space.

What we're watching

Deployment Pace: Whether Soluna can sustain this rapid expansion rate across its development pipeline.
Co-Mining Model: How the co-mining structure will perform under varying Bitcoin market conditions.
Site Utilization: The pace at which Soluna fills capacity at its other renewable-powered data centers.