Bitcoin Data Center Unleashes Massive $20M Texas Expansion for Soluna
Main Idea
Soluna Holdings secured a $20 million investment to expand its Bitcoin data center in Texas, aiming to add 35 MW of capacity and support both Bitcoin mining and AI computing, leveraging Texas' favorable energy and regulatory environment.
Key Points
1. Soluna Holdings received a $20 million investment from Spring Lane Capital to expand its Bitcoin data center in Texas, targeting an additional 35 MW of capacity.
2. The expansion, set to begin in Q3 2025 and reach full operation by Q1 2026, will host approximately 12,000 next-generation mining rigs.
3. Texas was chosen due to its deregulated energy market, abundant renewable energy sources, and supportive regulatory environment for Bitcoin mining.
4. Soluna's infrastructure also supports AI computing, leveraging shared requirements for high-performance computing and energy efficiency.
5. The expansion reflects the growing professionalization of Bitcoin mining, contributing to the global hash rate and industry decentralization.
Description
BitcoinWorld Bitcoin Data Center Unleashes Massive $20M Texas Expansion for Soluna The world of digital finance is constantly evolving, with Bitcoin leading the charge as a decentralized store of value. But behind every transaction and every new block mined lies a complex, energy-intensive infrastructure. This is where companies like Soluna Holdings come into play, building the backbone of the digital economy. In a remarkable stride forward, Soluna has just secured a substantial $20 million inve...
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