Soluna Holdings and Bitdeer Technologies announced on August 25, 2026 a co-mining agreement covering 28 megawatts at Project Kati 1, an 83 megawatt wind powered data center in Willacy County, Texas. Bitdeer supplies and keeps ownership of its SEALMINER A2 Pro Air machines, whose installation starts in phases in September 2026 and will add about 1.93 exahashes per second to the Bitcoin network. Soluna provides the site, the power and the operations, and both companies share the revenue produced. Kati 1 posted its first gross profit in the second quarter of 2026.
Mining secures Bitcoin: specialised machines run computations to validate blocks of transactions and receive the block reward and the fees in exchange. That computing power is measured in hashes per second, one exahash being a billion billion hashes per second. The whole network runs at roughly 900 to 1,000 EH/s this summer, which places the announced addition below 0.25 percent of the total. Two models coexist in the sector: hosting, where the site operator bills power and a service, and co-mining, where it shares the mining proceeds.
For Soluna, this choice turns a stable contractual revenue into a variable one, higher if the price rises, lower if it falls or if difficulty increases. For Bitdeer, the deal allows machines to be installed without building a site. For the network, the addition stays marginal in proportion, but it illustrates how United States mining is anchored on sites connected to intermittent renewable power, a setup that puts to use energy that is otherwise hard to sell.
Deployment is due to start in September 2026 and to proceed in stages: the markers to follow will be the pace of machine installation, the additional 14 megawatts under construction at Kati 1, and Soluna's quarterly reports, which will show the actual share of co-mining revenue. The next difficulty adjustments of the network, which occur every 2,016 blocks or roughly two weeks, will show whether the capacity coming online this autumn weighs on miner profitability.