Soluna Holdings and Canaan Inc. signed a hosting deal to deploy 20 megawatts of Avalon A15 XP bitcoin miners at Soluna’s wind-powered Project Dorothy site in Briscoe County, Texas.
Canaan’s Avalon A15 XP Rigs Head to Soluna’s Wind Farm in Briscoe County
Announced on Tuesday, the agreement positions Canaan to place roughly 1 exahash per second (EH/s) of compute at the facility, which primarily draws behind-the-meter wind power and can fall back to the grid to maintain uptime. The companies said the installation is slated to begin in the first quarter of 2026.
Soluna, a developer of renewable-powered data centers, said the hosting brings additional utilization to its Dorothy campus, while Canaan, listed on Nasdaq as CAN, adds North American capacity for its Avalon line of miners. Both firms framed the arrangement as standard hosting: Soluna provides infrastructure; Canaan supplies machines.
The Dorothy complex includes modular target=”_blank”>bitcoin mining and AI.
The news follows Soluna’s August announcement that Galaxy Digital will deploy 48 megawatts of bitcoin mining gear at Soluna’s Project Kati 1 in Texas, bringing that facility to its full 83 MW capacity. The Canaan hosting is distinct and tied to the Dorothy site.
Canaan said the Avalon A15 XP units will run on Soluna’s modular infrastructure at the wind-powered campus, targeting efficiency and reliability. Soluna trades on Nasdaq as SLNH. Shares of SLNH are down more than 15% over the last five trading sessions, but since last month, SLNH has popped upward by 422%.
Both parties emphasized the combination of renewable energy and grid access to smooth operations, with the first rigs expected to arrive ahead of the planned 2026 start.
