BitDeer is deploying 7MW of homemade ASICS at Soluna's wind-powered Dory Creek Texas data center, bringing total to deployment at the site to 35MW or 2.42EH/s. BTDR supplies machines, Soluna supplies site, power and operations with revenues splitting mining proceeds 50/50 SLNH: Soluna, Bitdeer expand agreement to 35 MW at Project Kati 1 Soluna Holdings (SLNH) announced an amended agreement with Dory Creek, a wholly owned subsidiary of Bitdeer Technologies Group (BTDR). Under the amendment expanding the partnership, Bitdeer will deploy approximately 7 MW of additional Bitcoin mining equipment at Soluna's Project Kati 1 in South Texas, bringing its total deployment at the site to 35 MW and approximately 2.42 EH/s of hash rate. Hash rate is measured in exahashes per second and reflects the computing power dedicated to Bitcoin mining. This marks the first expansion of the partnership and is expected to be complete in November 2026. Project Kati 1 is an 83 MW wind-powered data center in Willacy County, Texas. The Bitdeer deployment is located in the site's K1BC phase, which is now fully subscribed. The agreement takes the form of a co-mining arrangement, a structure Soluna introduced to its Bitcoin platform in August. Soluna provides the site, power, and turnkey operations; Bitdeer provides and owns its Sealminer A2 Pro Air mining equipment, and the parties share in the mining proceeds the deployment generates. The amendment carries the same structure as the original agreement.

I think people are finally starting to understand why $IREN has operated the way it has. IREN took a lot of criticism for dilution. Maybe the timing was not perfect, but look at the sector now. WYFI, BTDR and NBIS are raising capital too, yet people are finding ways to call it bullish. When IREN does it, it is dilution. When others do it, it is funding growth. You cannot have it both ways. What matters is what shareholders get in return for that capital. The same applies to contracting. IREN spent years building the infrastructure first and has been willing to wait until capacity gets closer to delivery rather than rushing into deals. That gives them a stronger position to negotiate better economics. Then there is power. IREN has over 5 GW of secured power. This is very different from announcing a multi-gigawatt development pipeline that still depends on interconnection, transmission, permitting or other approvals. IREN got plenty of criticism for its strategy. Now we are watching much of the sector follow the same playbook.

@Bitdeer's Jon Wonsettler recently hosted Kelly Byer and Andrew Dolph for an ‘under the hood’ walkabout of our #Massillon# facility. We showcase the site design features that minimize environmental impact, including: 🔇 40ft sound walls to keep ambient noise under 60dB at the property line. 💦 Closed-loop water cooling system enabling limited and responsible usage of resources. At #Bitdeer#, we are committed to being a responsible, #CommunityFirst# partner. 💼 Apart from creating over 50 full-time employment opportunities that bring local talents such as Ezekiel Martin back home. Read more: #BitdeerCares# #BTDR# #BitcoinMining# #datacenter# #TechJobs# #sustainability# #Ohio#