Canaan Inc., an innovator in crypto mining, and Soluna Holdings, Inc., a developer of green data centers for intensive computing applications, have announced a strategic hosting agreement. This partnership facilitates the deployment of 20 megawatts (MW) of Canaan’s Avalon® A15 XP Bitcoin miners at Soluna’s Project Dorothy in Briscoe County, Texas.
The deployment of these miners is anticipated to commence in the first quarter of 2026. This agreement allows Soluna to continue scaling its renewable-powered digital infrastructure portfolio, while Canaan enhances its North American mining footprint through access to sustainable energy.
John Belizaire, CEO of Soluna, stated that the agreement reflects a shared commitment to high-performance computing solutions powered by renewable energy. He noted that with Project Dorothy 2 now operational, the company is intensifying its efforts to advance renewable energy as a global resource. Soluna specializes in designing, developing, and operating digital infrastructure that converts surplus renewable energy into global computing resources, supporting applications such as Bitcoin mining and Generative AI.
Canaan aims to utilize Soluna’s modular infrastructure to power its Avalon fleet primarily with wind energy. Nangeng Zhang, chairman and chief executive officer of Canaan, described the partnership as a significant step in the company’s North American self-mining strategy. He highlighted the unique advantage of Project Dorothy, which runs predominantly on behind-the-meter wind power but can also draw from the grid, ensuring high uptime and cost efficiency.
The 20 MW deployment, representing approximately 1 EH/s, is part of broader strategic roadmaps for both companies. Canaan seeks to expand its presence in North America amidst increasing global demand for secure blockchain infrastructure. Soluna intends to monetize its 2.8 GW+ pipeline of Renewable Computing projects, which are designed to support both Bitcoin mining and AI workloads.