Bitdeer continues to aggressively expand its production capacity, and this time the bet is 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. This concerns the Kati 1 site, where installation will begin in September and will proceed in stages. This is expected to add about 1.93 EH/s of hashrate to the company.
Synergy of wind and computing
The key feature of the project is not just expanding capacity, but its deep integration with the energy source. Kati 1 is a wind-powered data center connected to the Las Majadas wind farm, with a total capacity of 83 MW. Bitdeer will provide its own ASIC miners, the Sealminer A2 Pro Air, while Soluna will provide infrastructure, electricity, and operational management. Mining revenues will be shared, although the parties preferred not to disclose the financial details and terms of the agreement.
This move is more than just a deal. It demonstrates how mining is becoming the ideal consumer of "green" energy that might otherwise be lost. Instead of building costly infrastructure for traditional consumers, computing turns available capacity into immediate revenue. Soluna, in turn, sees this as a long-term strategy: the second phase of the Kati project is already designed for over 100 MW of infrastructure for AI and HPC segments.
Market context: Bitdeer's growth amid stagnation
This project highlights Bitdeer's upward trend, as the company has already surpassed longtime leader MARA in capacity this year. As of June 30, the company's operational hashrate reached 73 EH/s, increasing by more than 340% over the past 12 months. Notably, this growth occurs against a reverse trend in the industry: excluding Bitdeer, public miners have reduced realized hashrate by 21% since the fourth quarter of 2025.
Bitcoin network difficulty, meanwhile, is stagnating. After the latest recalculation on August 23, it decreased by 1.3% to 125.81 T, returning to levels from mid-February. The network's hashrate, smoothed by a seven-day moving average, stands at 867.4 EH/s, showing a downward trend since October 2025, when it reached 1.15 ZH/s amid the historical price peak.
Capital migration to AI
The industry's logic is changing. Over the six months of 2026, 15 public bitcoin miners and AI infrastructure operators invested $30.7 billion in equipment—42.6% more than for the entire year of 2025. Nine cryptocurrency miners increased revenue from HPC, AI cloud, and colocation 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 to fulfill a 20-year contract with Anthropic worth nearly $19 billion in revenue.
My view: Bitdeer's deal is not just hedging energy risks, but a strategic maneuver in conditions where classic mining has ceased to be ultra-profitable. Integration with renewable energy and parallel diversification into AI are two paths the entire industry will take in the coming years. The only question is who will manage to adapt faster.