Soluna And Canaan Partner On 20MW BTC Mining

TheCryptoTimesPublished on 2025-09-30Last updated on 2025-09-30

Soluna Holdings and Canaan Inc. have entered a strategic hosting agreement to deploy 20 megawatts (MW) of next-generation Bitcoin miners at Soluna’s Project Dorothy facility in Briscoe County, Texas. The deal will bring Canaan’s Avalon A15 XP miners, totaling approximately 1 exahash per second (EH/s), online in Q1 2026, furthering both companies’ commitment to clean energy-backed blockchain infrastructure.

For Soluna, which operates green data centers for high-intensity computing, the partnership marks another step in monetizing its 2.8-gigawatt pipeline of renewable computing projects. “This agreement reflects our shared commitment to delivering high-performance computing solutions powered by renewable energy,” said Soluna CEO John Belizaire, referencing the firm’s wind-powered expansion.

Inside Canaan’s playbook

Canaan, known for its early development of ASIC mining hardware, aims to leverage Soluna’s modular infrastructure and behind-the-meter wind power to ensure low costs and high uptime. “This is a unique advantage that combines reliable operations with compelling cost efficiency,” said Canaan CEO Nangeng Zhang. The site can also access grid power, reducing downtime risk and adding flexibility to Canaan’s self-mining strategy in North America.

The 20MW installation builds on Canaan’s push to expand its international presence, following a period of intense hardware demand post-halving. For Soluna, it adds another institutional partner to its wind-powered Texas facility, where AI and Bitcoin mining loads can be balanced based on energy availability.

This isn’t Canaan’s first large-scale collaboration in the region. Last year, the company secured a 6,500-unit deal with Canada-based HIVE Digital Technologies, supplying Avalon A1566 rigs with 185 TH/s each. The partnership supported HIVE’s eco-focused mining goals, including a 100MW site in Paraguay.

Canaan’s deals with HIVE and Soluna mark a shift toward vertical integration in the Americas. While still focused on hardware, its growing hosting partnerships reflect a broader strategy to pair infrastructure control with distribution, positioning the firm at the core of North America’s post-China mining revival.

Also read: Bitcoin Miner Canaan Secures $50 Million Boost for Growth

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