Bitdeer is taking another step toward environmentally friendly bitcoin mining. The company announced it will place its ASIC miners at Soluna's wind energy facility in Texas. This concerns the Kati 1 site, where equipment with a total capacity of 28 MW will be installed, adding about 1.93 EH/s of hashrate for the operator. This is not just an expansion of capacity, but a strategic move that underscores the growing role of renewable energy in the industry.
The synergy of wind and computing
Equipment installation will begin in September and will be carried out in stages. A key feature of the project is direct access to the energy of the Las Majadas wind farm, whose total capacity reaches 83 MW. Bitdeer will supply its own ASIC miners, the Sealminer A2 Pro Air, while Soluna will provide infrastructure, electricity, and operational management. Mining profits will be distributed between the partners, although the financial details and terms of the agreement remain undisclosed.
This project is a telling example of how mining is becoming an effective tool for monetizing surplus renewable energy directly at the point of generation. Instead of building costly infrastructure for traditional consumers, excess capacity is converted into computational load. This approach not only reduces the carbon footprint but also enhances the economic viability of "green" power plants. Soluna, for its part, is already planning expansion: the second phase of Kati provides for more than 100 MW for AI and HPC workloads, indicating a diversification of the business model.
Market context: consolidation and AI migration
Bitdeer's actions stand out against the broader trend. As of the end of June, the company's operational hashrate reached 73 EH/s, increasing by more than 340% year-over-year, allowing it to overtake longtime leader MARA. Notably, excluding Bitdeer, public miners have reduced realized hashrate by 21% since the fourth quarter of 2025. This points to a redistribution of forces in the industry, where only the most efficient players survive.
The state of the network is also telling: bitcoin mining difficulty fell by 1.3% to 125.81 T on August 23, returning to mid-February levels. The smoothed network hashrate stands at 867.4 EH/s, showing a downward trend from the October peak of 1.15 ZH/s. This indirectly confirms that miners are shifting from capacity expansion to cost optimization.
Migration into the AI segment is becoming increasingly evident. In the first half of 2026, 15 public companies invested $30.7 billion in equipment—42.6% more than in all of 2025. Revenue for nine miners from HPC and AI cloud grew by 52% in the second quarter to $205.8 million. TeraWulf received approval for power supply to a 482 MW data center for a 20-year contract with Anthropic, which could generate about $19 billion in revenue. This only confirms that the future lies in hybrid models, where bitcoin mining serves as a foundational but not sole source of income.
My view: the Bitdeer and Soluna deal is not just a capacity lease but a strategic alliance that demonstrates how mining can be integrated into the energy ecosystem. In the long term, it is precisely such projects, combining renewable energy and computational flexibility, that will become the foundation for sustainable industry growth. Investors should closely watch such collaborations, as they reduce risks associated with electricity price volatility and regulatory pressure.