Bitdeer continues its aggressive expansion, betting on renewable energy. The company is deploying bitcoin mining equipment with a total capacity of 28 MW at Soluna's wind energy facility in Texas. Integration into the Kati 1 data center will add approximately 1.93 EH/s to its hash rate.

Synergy of wind and computing

Installation will begin in September and will be carried out in stages. A key feature is the direct connection to the Las Majadas wind farm, whose total capacity reaches 83 MW. This is a classic example of co-located mining, where cryptocurrency mining acts as a flexible consumer of "green" energy, monetizing surplus generation without overloading the local grid.

Bitdeer will supply its own ASIC miners, the Sealminer A2 Pro Air, to the site. Soluna, in turn, provides infrastructure and operational management. The parties will share mining revenue, but the financial terms and duration of the agreement remain undisclosed—standard practice for such deals.

Potential and market context

After full deployment of the capacity, Bitdeer will add about 1.93 EH/s to its hash rate. However, it is important to understand that Kati 1 has significantly greater headroom: Soluna previously estimated the total project potential at 3.5 EH/s. Clearly, part of the capacity will be reserved for future needs, including the promising AI and HPC segments—the second phase of the Kati project is already designed for 100+ MW of similar infrastructure.

This move looks particularly logical against the backdrop of current industry dynamics. On the one hand, we are seeing stagnation in bitcoin network difficulty: the latest recalculation on August 23 reduced it by 1.3% to 125.81 T, matching the level of mid-February. The seven-day smoothed hash rate stands at 867.4 EH/s, showing a downward trend from October's highs of 1.15 ZH/s. On the other hand, public miners, with the exception of Bitdeer, have cut their realized hash rate by 21% since the fourth quarter of 2025.

Against this backdrop, Bitdeer looks like an exception: as of June 30, its operational hash rate reached 73 EH/s, growing more than 340% year-over-year and allowing it to surpass long-time leader MARA in capacity.

Migration to AI gains momentum

The diversification trend is confirmed by the numbers: in the first half of 2026, 15 public miners and AI operators invested $30.7 billion in equipment—42.6% more than in all of last year. Revenue of nine miners from HPC and AI cloud grew 52% in the second quarter to $205.8 million. The example of TeraWulf, which received approval for power supply to a 482 MW data center for a 20-year, $19 billion contract with Anthropic, only reinforces this direction.

My view: the Bitdeer and Soluna deal is not just an attempt to cheapen electricity. It is a strategic move to hedge risks in a volatile market and, at the same time, preparation for future competition for "clean" computing capacity. However, the bet on wind in Texas also carries risks associated with generation instability. That said, for mining, which can flexibly adapt to load, this is more of an opportunity than a threat.