Bitdeer and Soluna Sign 28 MW Joint Mining Agreement at Texas Wind-Powered Facility

BitcoinWorld Bitdeer and Soluna Sign 28 MW Joint Mining Agreement at Texas Wind-Powered Facility Bitcoin mining firm Bitdeer Technologies (BTDR) has entered into a 28 MW joint mining agreement with Soluna Holdings (SLNH), marking a strategic collaboration that will see the deployment of roughly 1.93 exahashes per second (EH/s) of computing power at a wind-powered data center in southern Texas.

The agreement, announced through a corporate statement, involves Bitdeer’s subsidiary Dory Creek, which plans to begin installing the company’s in-house SEALMINER A2 Pro Air mining machines at Soluna’s facility starting in September.

Unlike traditional hosting arrangements where one party pays for space and power, this deal is structured as a joint mining operation, meaning both companies will share the revenue generated from the mining activities.

Strategic Rationale Behind the Joint Structure The joint mining model represents a notable shift from the more common hosting agreements in the cryptocurrency mining sector.