Canaan and Soluna Partner for Sustainable Bitcoin Mining in Texas

Canaan is deploying 20 megawatts of Avalon Bitcoin miners at Soluna's Texas site, enhancing the region's cryptocurrency mining capabilities. This partnership emphasizes the use of renewable energy, as Soluna will utilize wind power to reduce the carbon footprint of mining operations. The initiative positions Texas as a leading hub for sustainable Bitcoin mining, aligning with the growing demand for cryptocurrency while promoting environmental responsibility.