Soluna Secures 8.8 MW Hosting Deal with Leading Bitcoin Miner

Source: www.gulfoilandgas.com 1/22/2024, Location: North America

Soluna Holdings, Inc. (“SHI” or the “Company”), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced an 8.8 MW hosting contract with an industry leading Bitcoin miner at Soluna’s Project Sophie in Kentucky.

The 1-year arrangement is to host S19 and S19 Pros under a profit-sharing arrangement with the customer. This is part of a corporate plan for Project Sophie to further enhance profitability.

CEO of Soluna Holdings, John Belizaire commented, “Our new partner shares a vision for Bitcoin’s potential to advance and support a low-carbon future. We're thrilled to collaborate with industry leaders on a common mission.”

Soluna is preparing the site to begin phasing in the customer’s hardware over the next several weeks.


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