Soluna and Sazmining Launch 3-MW Bitcoin Mining Facility in Texas

Soluna and Sazmining Launch 3-MW Bitcoin Mining Facility in Texas

Autor: Mining Provider Editorial Staff

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Kategorie: News

Zusammenfassung: Soluna has partnered with Sazmining to create a 3-MW Bitcoin mining facility in Texas, while Eric Trump defends American Bitcoin against Forbes' claims of it being predatory. MARA Holdings launched the MARA Foundation for Bitcoin infrastructure and reduced debt by selling BTC, as interest in profitable mining alternatives grows among renewable energy operators.

Soluna Partners with Sazmining for 3-MW Bitcoin Mining Facility

Soluna Holdings (NASDAQ: SLNH) has announced a partnership with Sazmining to establish an initial 3-MW Bitcoin mining facility at Project Dorothy 1B in West Texas. The stock is currently priced at $1.13, having lost nearly 14% in the past week, but has gained 38% over the past year despite significant volatility.

This partnership marks Sazmining's second mining operation in the U.S. and has the potential to expand based on customer demand and available capacity at the site. Soluna has a market capitalization of $127.9 million and reported revenue of $29.72 million over the last twelve months, with a current ratio of 1.87 indicating solid short-term liquidity.

"We are excited to welcome Sazmining to Project Dorothy and support their further expansion in the U.S.," said John Belizaire, CEO of Soluna.

The energy for Project Dorothy will come from the 150-MW Briscoe wind farm, which Soluna acquired as part of its strategy to integrate power generation with computing infrastructure. The company is also developing the entire Dorothy campus, including a planned third phase that could provide up to 300 MW of computing capacity for AI applications.

Key Takeaways:

  • Partnership between Soluna and Sazmining for a 3-MW facility.
  • Soluna's stock has seen a 38% increase over the past year.
  • Energy sourced from a 150-MW wind farm.

Eric Trump Calls Forbes Report on American Bitcoin "Chinese Propaganda"

Eric Trump has criticized a Forbes article claiming that American Bitcoin is a tool for predatory arbitrage, labeling it as "Chinese propaganda." He stated that American Bitcoin currently holds over 7,000 BTC and operates nearly 90,000 miners with a capacity of 28 exahash.

According to Eric, the majority of American Bitcoin's cryptocurrency comes from stock sales and BTC purchases rather than mining. He expressed his discontent with Forbes, stating, "Forbes has become a political weapon and a disgrace to journalism."

American Bitcoin reportedly increased its BTC holdings by 58% in the fourth quarter, mining BTC at a 53% discount to market price, generating $78.3 million in revenue, a 22% increase from the previous quarter.

Key Takeaways:

  • Eric Trump defends American Bitcoin against Forbes claims.
  • Company holds over 7,000 BTC and operates nearly 90,000 miners.
  • Reported revenue of $78.3 million in Q4, up 22% from the previous quarter.

MARA Holdings Announces Bitcoin Expansion Beyond Mining Role

MARA Holdings has launched a new initiative to strengthen the long-term infrastructure of Bitcoin, establishing the MARA Foundation during the Bitcoin 2026 conference in Las Vegas. The foundation will focus on protocol research, open-source development, and self-custody infrastructure for Bitcoin.

As part of its restructuring, MARA sold 15,133 BTC, reducing its debt by 30% and cutting its workforce by 15%. The foundation has allocated $100,000 for distribution through a public vote, with three organizations nominated for funding.

"The role of our company in securing the Bitcoin network carries a responsibility that goes beyond operational mining," said Fred Thiel, CEO of MARA Holdings.

Despite recent volatility, MARA Holdings continues to operate one of the largest mining fleets among publicly traded companies, with a reported hashrate of approximately 66.45 EH/s, representing about 5% of the Bitcoin network's total hashrate.

Key Takeaways:

  • MARA Holdings establishes the MARA Foundation to support Bitcoin infrastructure.
  • Company sold 15,133 BTC, reducing debt by 30%.
  • Operates a hashrate of approximately 66.45 EH/s.

Bitcoin Mining Evening in Michelhausen Attracts the Right Audience

The Bitcoin Mining evening organized by the initiative Bitcoin im Tullnerfeld in Michelhausen successfully attracted a targeted audience. Matthias Reder, founder of RETTE DEIN GELD, presented the concept of Bitcoin mining as a viable alternative to grid feed-in, emphasizing its potential profitability.

With Bitcoin trading around €66,000, the Canaan AvalonQ currently generates about 6 cents per kilowatt-hour, aligning with the market price. The model's strength lies in its potential for significant upside as Bitcoin prices rise.

Discussions following the presentation included operators of PV and biogas plants, who generate substantial electricity that they cannot fully feed into the grid. For this group, Bitcoin mining presents a real and economically interesting opportunity.

Key Takeaways:

  • Successful Bitcoin Mining evening in Michelhausen.
  • Presentation highlighted Bitcoin mining as a profitable alternative.
  • Engagement with operators of renewable energy sources.

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