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Soluna and Bitdeer Expand Texas Bitcoin Mining Deal by 7 Megawatts

September 29, 2026, 5:30 PM UTC (3 days ago) · 1 source · Summarized by CryptoBipto

Soluna and Bitdeer have added 7 megawatts of capacity to their existing Bitcoin mining agreement in Texas. The expansion builds on a prior partnership between the two companies focused on powering mining operations in the state.

WHY IT MATTERS

Bitcoin mining is the process by which powerful computers solve complex math problems to verify transactions on the Bitcoin network and earn new Bitcoin as a reward. This process requires a lot of electricity, so mining companies look for locations where power is affordable and abundant. Think of it like a factory choosing to set up where raw materials are cheapest. Texas has become a popular spot for these operations because its energy market is competitive and electricity prices can be relatively low. When two companies like Soluna and Bitdeer expand their mining deal, it means they are investing more resources into running these computers, which reflects continued business interest in Bitcoin mining infrastructure.

Soluna, a company that develops infrastructure for data centers and cryptocurrency mining, and Bitdeer, a publicly traded Bitcoin mining and technology company, have agreed to expand their joint mining operations in Texas by 7 megawatts (MW).

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