Soluna and Bitdeer Expand Texas Co-Mining Project to 35 MW
Soluna (SLNH) and Bitdeer (BTDR) expanded their Texas co-mining project by 7 MW, totaling 35 MW. Bitdeer provides mining hardware, while Soluna offers infrastructure and operations. Deployment is set for November 2026. According to Soluna's CEO, the expansion reflects the success of their co-mining model.
How this was made
The 30-second read
Why it matters
The expansion provides both firms with higher mining throughput and revenue share, likely supporting their stock valuations.
Market read
First‑report of a material capacity increase for two listed crypto miners, offering a fresh trading catalyst.
What to watch
Potential delays in hardware delivery or power supply constraints could limit the expected revenue boost.
Background
Soluna Holdings (SLNH) and Bitdeer Technologies (BTDR) expanded their co‑mining partnership in South Texas, increasing the project's power allocation to 35 MW.
Ticker impact
Soluna announced a 7 MW expansion of its Texas Bitcoin mining project, raising total co‑mined capacity to 35 MW.
potential upside as additional mining power drives higher earnings
New partnership amendment adds concrete revenue‑generating capacity; market has not priced this expansion yet.
Bitdeer’s co‑mining agreement with Soluna expands to 35 MW, adding 7 MW of its Sealminer A2 Pro hardware.
potential upside as expanded mining output increases earnings
The amendment secures additional hardware deployment and revenue, a fresh positive catalyst.
Market effects
Adds capacity to the U.S. Bitcoin mining sector, may improve sentiment for other miners.
Strengthens Texas as a hub for crypto mining infrastructure.
Shows continued growth in corporate‑backed Bitcoin mining, supporting broader crypto market demand.
Counterpoint
If electricity costs rise or regulatory pressure increases, the added capacity could compress margins.
Key entities
- companySoluna Holdings, Inc.
U.S. Bitcoin mining operator expanding its Texas facility.
- companyBitdeer Technologies Group
Provider of mining hardware and co‑mining partner.
