Bitdeer Technologies Group has agreed to deploy roughly 1.93 exahash per second of bitcoin mining capacity at Soluna Holdings’ Kati 1 data center in Willacy County, Texas, with the rollout set to begin in September 2026. The installation will use 28 megawatts at the wind-powered site and will be carried out by Bitdeer subsidiary Dory Creek using Sealminer A2 Pro Air machines.
The arrangement stands out because it is structured as co-mining rather than a standard hosting contract. Soluna will supply the site, electricity and day-to-day operations, while Bitdeer will provide the mining hardware, and the companies will share the bitcoin mining proceeds generated by the deployment.
A co-mining model at Kati 1
The equipment is slated for Soluna’s Kati 1 facility, an 83 MW wind-powered data center that the company said became profitable in the second quarter of 2026. Deployment is expected to ramp up in batches rather than all at once as the miners are brought online.
Under the structure announced, Soluna does not simply collect a hosting fee. Instead, it takes part in the output from the machines running at the site. That gives Soluna exposure to mining economics without buying ASIC miners itself, while Bitdeer adds hashpower without first having to secure separate land and power infrastructure.
How the deal fits Bitdeer’s mining footprint
As of June 2026, Bitdeer reported 73 EH/s of self-mining capacity and 15.9 EH/s already committed to co-mining arrangements. The Soluna deployment would add about 1.93 EH/s to that co-mining total.
The company also reported around 243,000 self-mining rigs. In June alone, Bitdeer produced 990 BTC, a figure it said was up 388% from a year earlier, while second-quarter production totaled 2,694 BTC. The Texas agreement therefore expands a mining business that remains materially active even as the wider sector weighs other uses for power.
Mining expansion amid AI and HPC competition
The agreement comes at a time when many bitcoin miners are redirecting capacity and available megawatts toward artificial intelligence and high-performance computing workloads. Against that backdrop, Bitdeer is still increasing bitcoin mining exposure, even while it also pursues AI-related growth.
According to the reported plans, Bitdeer aims to build as much as 350 MW of AI capacity by the first quarter of 2028 and also holds a large AI and HPC lease in Norway. The Soluna agreement shows that, for now, the company is continuing to add mining capacity alongside those separate AI initiatives rather than replacing one strategy with the other.
What Soluna gains and what comes next
Soluna said it currently operates 192 MW of data center capacity across Texas and Kentucky, with another 14 MW under construction at Kati 1. Beyond existing sites, the company has a development pipeline totaling 6.3 GW.
Its Kati 2 and Dorothy 3 projects are positioned for AI and HPC, which leaves Kati 1 available to continue pursuing bitcoin mining economics. The next confirmed milestone is the September 2026 start of deployment. That rollout is expected to show how quickly the 28 MW can be energized, how the shared-revenue model performs, and whether Soluna considers similar co-mining structures at additional locations.
Source: news.bitcoin.com