Bitdeer is 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. The installation at the Kati 1 site, which will begin in September and proceed in phases, is expected to bring the operator about 1.93 EH/s of additional hashrate.
Synergy of Wind and Computing
The key feature of the project is its power source. Kati 1 is a wind-powered data center directly connected to the Las Majadas wind farm, whose total capacity reaches 83 MW. Bitdeer will supply its own ASIC miners, the Sealminer A2 Pro Air, to the site, while Soluna will provide infrastructure, electricity, and operational management. Mining revenues will be shared between the partners, though financial details and the terms of the agreement remain undisclosed.
This move is not just an expansion of capacity. It demonstrates a mature strategy for monetizing "green" energy. Instead of building costly infrastructure for traditional consumers, Soluna converts available wind power into computational load directly at the point of generation. This approach reduces strain on the grid and enhances the project's economic efficiency. At the same time, Soluna is already planning diversification: the second phase of Kati is designed for over 100 MW for AI and HPC infrastructure.
Market Context: Consolidation and Stagnation
Against the backdrop of this deal, the industry is going through tough times. Bitcoin mining difficulty after the August 23 recalculation fell by 1.3% — to 125.81 T, returning to mid-February levels. The seven-day moving average of the network hashrate stands at 867.4 EH/s, reflecting a steady downward trend from the October peak of 1.15 ZH/s, when the cryptocurrency's price was at an all-time high.
Notably, Bitdeer continues to strengthen its position against the general trend. Excluding this company, public miners have reduced their realized hashrate by 21% since the fourth quarter of 2025. Bitdeer's operational hashrate reached 73 EH/s as of June 30, growing by more than 340% over 12 months, allowing it to surpass long-time leader MARA.
Migration to AI: A New Reality
The industry is increasingly shifting its focus toward artificial intelligence. 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 2025. Nine cryptocurrency miners grew their HPC and AI cloud revenue by 52% in the second quarter, to $205.8 million. TeraWulf, for example, received regulatory 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 in its first phase.
My view: The Bitdeer and Soluna deal is a vivid example of how mining is becoming a catalyst for the development of renewable energy. Amid stagnant difficulty and declining profitability, integration with "green" sources and parallel diversification into AI are not just trends but necessary conditions for survival for major players. Those who fail to adapt risk being left behind in this evolutionary process.