Canaan has signed a colocation agreement with Soluna to host 1 EH/s of its Avalon 15XP bitcoin miners as the manufacturer seeks to turn inventory surplus into proprietary mining expansion in North America.
Canaan to Deploy 20 MW of Avalon Bitcoin Miners at Soluna’s Texas Site
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This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies.
Canaan and Soluna announced on Tuesday that the 20 megawatt hosting agreement at Soluna’s Project Dorothy facility in Briscoe County, Texas, is expected to come online in the first quarter of 2026.
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