Soluna and Bitdeer add 7 MW, lift Texas deployment to 35 MW

Soluna and Bitdeer expanded their Bitcoin mining partnership at Project Kati 1 in South Texas: Bitdeer will add about 7 MW of capacity, raising its total deployment to 35 MW and approximately 2.42 EH/s. The additional capacity is slated for deployment by November and fully books the K1BC phase of the project.

Agreement Details

• Ownership and operations: Bitdeer supplies and owns the Sealminer A2 Pro Air mining machines. Soluna provides the data-center site, power, and operating infrastructure.
• Revenue model: The companies share mining proceeds. Soluna’s co-mining structure links its revenue to Bitcoin production instead of relying on fixed hosting fees.
• Capacity and timing: The expansion lifts Bitdeer’s planned hash rate at Kati 1 to about 2.42 EH/s. Deployment of the extra 7 MW is expected by November. This fully subscribes the K1BC phase.

Context and Implications

• Site profile: Project Kati 1 is an 83 MW facility connected to wind generation in Willacy County, Texas.
• Strategic model: Soluna targets energy-intensive computing near renewable generation that would otherwise be curtailed or underused. Bitcoin mining is the primary workload, with positioning for other high-performance computing as well.
• Timeline: The original 28 MW agreement was announced in August. The rapid 7 MW add-on brings the deployment to 35 MW before the initial ramp-up completes.
• Market dynamics: Mining economics depend on Bitcoin price, network difficulty, and power costs. The expansion indicates demand for capacity under current conditions.