Bitdeer deploys additional 7 MW of proprietary ASIC miners at Soluna’s wind-powered Texas data center

Bitdeer Technologies Group and Soluna Holdings have struck a 28 MW co-mining agreement that will see Bitdeer’s homegrown ASIC miners humming inside a wind-powered data center in South Texas. Deployment is set to begin in September 2026, adding roughly 1.93 EH/s of hash rate to Bitdeer’s self-mining operations.

The deal pairs two publicly traded companies with very different skill sets. Bitdeer (NASDAQ: BTDR) designs and manufactures its own mining hardware. Soluna (NASDAQ: SLNH) builds green data centers next to renewable energy sources.

Inside the deal

Bitdeer’s subsidiary, Dory Creek, will install its Sealminer A2 Pro Air ASIC miners at Soluna’s Project Kati 1 facility. That site sits in Willacy County, Texas, connected to the Las Majadas wind farm, and has a total capacity of 83 MW.

The initial deployment covers 28 MW, with ramp-up happening in batches through a phase called K1BC. The original announcement referenced 7 MW of additional capacity being deployed, suggesting the partnership is scaling in stages rather than flipping a single switch.

What makes the financial structure notable is the absence of conventional hosting fees. Instead of Bitdeer paying Soluna a flat rate per megawatt-hour for power and rack space, the two companies will share mining revenue.

For Soluna, the timing is encouraging. Project Kati 1 achieved its first gross profit in Q2 2026, a meaningful milestone for a company that has spent years building out renewable infrastructure. Soluna now operates 192 MW across its various data center sites and claims a multi-gigawatt development pipeline for future projects.

Why vertical integration matters

Bitdeer’s decision to deploy its own Sealminer hardware, rather than buying machines from a competitor, is central to its strategy. The company was spun off from Bitmain in 2021 and has been steadily moving toward full vertical integration: designing chips, manufacturing miners, and operating them at scale.

The Sealminer A2 Pro Air is an air-cooled unit, which matters for deployment in a wind farm environment where immersion cooling infrastructure may not be practical or cost-effective.

Adding 1.93 EH/s from a single 28 MW deployment gives a rough sense of the hardware’s efficiency.

The Texas power play

Texas has become the gravitational center of North American Bitcoin mining for reasons that are by now well-documented: a deregulated power market, abundant land, and a grid operator (ERCOT) that actually welcomes flexible load from miners who can curtail during peak demand.

Soluna’s entire business model is built around co-locating renewable energy generation with high-intensity computing workloads. CEO John Belizaire has positioned the company as a bridge between renewable energy developers who have excess capacity and computing workloads that need cheap power, whether that’s Bitcoin mining or AI inference.

Both companies have signaled interest in high-performance computing workloads beyond mining. Soluna’s infrastructure could eventually serve AI tenants alongside or instead of mining rigs, giving it optionality that pure-play miners lack.

What to watch

Bitdeer’s ability to manufacture and deploy its own hardware at scale is a key test. The company is competing against Bitmain, MicroBT, and Canaan in the ASIC manufacturing space while simultaneously running mining operations.

For Soluna, the question is whether Kati 1’s gross profitability holds as more capacity comes online and whether its multi-gigawatt pipeline can convert from permits and plans into operational megawatts.