Texas 20MW Bitcoin Gamble: Wind-Powered Riches or a Mirage?

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In an age when power itself wears a halo of progress, two houses-Soluna Holdings and Canaan Inc.-enter a pact that feels almost like a confession. They vow to unleash 20 megawatts of the latest mining engines upon Project Dorothy, a wind-battered outpost in Briscoe County, Texas. The machines, Avalon A15 XP, will total about 1 exahash per second, stirring in the first quarter of 2026 as if it were the turning of some great, inexorable wheel. A theater where wind, wire, and a rabid faith in numbers perform a ritual masquerade of modern salvation. 😂💨

Soluna, a maker of green data centers for high-intensity computing, treats this partnership as another rung on a ladder reaching toward its vast, almost ascetic pipeline of renewable computing projects. “This agreement reflects our shared commitment to delivering high-performance computing solutions powered by renewable energy,” says Soluna’s John Belizaire, speaking as if the wind itself were a saint and not a market-driven engine. One hears in his voice the tremor of faith and the whisper of profit; a strange sermon, perhaps. 🤔

Soluna 🤝 @canaanio

20 MW (~1 EH/s) of Avalon® A15 XP miners coming to our wind-powered Project Dorothy in Texas.

A milestone that expands Soluna’s pipeline + advances Canaan’s North American growth.

Full release 👉 $SLNH

– Soluna (@SolunaHoldings) September 30, 2025

Inside Canaan’s playbook

Canaan, once celebrated for ushering in the ASIC era, seeks to weave Soluna’s modular scaffolding and wind-backed steadiness into a fabric of low cost and high uptime. “This is a unique advantage that combines reliable operations with compelling cost efficiency,” says Nangeng Zhang, his words ringing with the cold certainty of a machine calculating the end of night. The site, if it pleases the weather and the grid alike, can draw power from the larger electrical heart, reducing downtime and giving Canaan a measure of freedom in North America’s self-mining ballet. 🤖💡

The 20MW installation is a continuation of Canaan’s ambition to spread beyond familiar shores, a response to a hardware-demand fever that followed the halving. For Soluna, it adds another institutional partner to its wind-powered Texas facility, where the dance of AI workloads and Bitcoin mining can be balanced like a grim ledger kept by a stern conductor, all according to energy’s capricious mood.

This is not Canaan’s first large-scale entanglement in the region. Last year the company sealed a 6,500-unit deal with Canada-based Hive Digital Technologies, supplying Avalon A1566 rigs at 185 TH/s each. The partnership fed Hive’s eco-focused mining goals, including a 100MW site in Paraguay. 😅

Canaan’s deals with Hive and Soluna signal a shift toward vertical integration across the Americas. While the focus remains on hardware, these hosting partnerships reveal a broader design: to bind infrastructure and distribution into a single, disquieting instrument, placing the firm at the center of North America’s post-China mining revival-an ambitious, perhaps reckless, chorus sung to the rhythm of wind and wattage.

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2025-09-30 18:56