Soluna Holdings and Canaan Inc. signed a internet hosting deal to deploy 20 megawatts of Avalon A15 XP bitcoin miners at Soluna’s wind-powered Undertaking Dorothy web site in Briscoe County, Texas.
Canaan’s Avalon A15 XP Rigs Head to Soluna’s Wind Farm in Briscoe County
Introduced on Tuesday, the settlement positions Canaan to position roughly 1 exahash per second (EH/s) of compute on the facility, which primarily attracts behind-the-meter wind energy and might fall again to the grid to take care of uptime. The businesses mentioned the set up is slated to start within the first quarter of 2026.
Soluna, a developer of renewable-powered information facilities, mentioned the internet hosting brings extra utilization to its Dorothy campus, whereas Canaan, listed on Nasdaq as CAN, provides North American capability for its Avalon line of miners. Each corporations framed the association as customary internet hosting: Soluna gives infrastructure; Canaan provides machines.
The Dorothy advanced contains modular goal=”_blank”>bitcoin mining and AI.
The information follows Soluna’s August announcement that Galaxy Digital will deploy 48 megawatts of bitcoin mining gear at Soluna’s Undertaking Kati 1 in Texas, bringing that facility to its full 83 MW capability. The Canaan internet hosting is distinct and tied to the Dorothy web site.
Canaan mentioned the Avalon A15 XP models will run on Soluna’s modular infrastructure on the wind-powered campus, focusing on effectivity and reliability. Soluna trades on Nasdaq as SLNH. Shares of SLNH are down greater than 15% over the past 5 buying and selling classes, however since final month, SLNH has popped upward by 422%.
Each events emphasised the mix of renewable power and grid entry to easy operations, with the primary rigs anticipated to reach forward of the deliberate 2026 begin.
