{"id":757284,"date":"2023-05-10T08:41:09","date_gmt":"2023-05-10T12:41:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/solunas-project-dorothy-1a-reaches-25-mw-capacity-with-new-strategic-hosting-deal\/"},"modified":"2023-05-10T08:41:09","modified_gmt":"2023-05-10T12:41:09","slug":"solunas-project-dorothy-1a-reaches-25-mw-capacity-with-new-strategic-hosting-deal","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/solunas-project-dorothy-1a-reaches-25-mw-capacity-with-new-strategic-hosting-deal\/","title":{"rendered":"Soluna\u2019s Project Dorothy 1A Reaches 25 MW Capacity with New Strategic Hosting Deal"},"content":{"rendered":"

<\/p>\n

Soluna\u2019s Project Dorothy 1A Reaches 25 MW Capacity with New Strategic Hosting Deal<\/i><\/b><\/p>\n

\nPartnership Advances Sustainable Bitcoin Mining<\/p>\n

ALBANY, N.Y.–(BUSINESS WIRE<\/a>)–
\nSoluna Holdings, Inc. (\u201cSHI\u201d or the \u201cCompany\u201d), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (\u201cSCI\u201d), a developer of green data centers for Bitcoin mining and other intensive computing, announced today a 20 MW hosting agreement at the Company\u2019s Project Dorothy<\/a> 1A data center in Texas. This now fills Project Dorothy 1A with 25 MW of hosting contracts.<\/p>\n

\nJohn Belizaire, CEO of Soluna Holdings, commented, \u201cWith the addition of our new strategic hosting client, we have successfully filled Project Dorothy 1A to its 25 MW capacity with long-term partners. As we ramp up operations in the coming weeks, we will show at scale the capabilities of our data centers co-located with a wind farm to advance the industry in a sustainable fashion.\u201d<\/p>\n

\nThe 20 MW hosting deal is a two-year agreement at Soluna\u2019s Project Dorothy, which is co-located with a renewable energy power plant.<\/p>\n

Safe Harbor Statement<\/b><\/p>\n

\nThis announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Soluna Holdings, Inc. may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Soluna\u2019s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, further information regarding which is included in the Company’s filings with the Securities and Exchange Commission. All information provided in this press release is as of the date of the press release, and Soluna Holdings, Inc. undertakes no duty to update such information, except as required under applicable law.<\/p>\n

About Soluna Holdings, Inc (SLNH)<\/b><\/p>\n

\nSoluna Holdings, Inc. is the leading developer of green data centers that convert excess renewable energy into global computing resources. Soluna builds modular, scalable data centers for computing intensive, batchable applications such as Bitcoin mining, AI, and machine learning. Soluna provides a cost-effective alternative to battery storage or transmission lines. Soluna uses technology and intentional design to solve complex, real-world challenges. Up to 30% of the power of renewable energy projects can go to waste. Soluna\u2019s data centers enable clean electricity asset owners to \u2018Sell. Every. Megawatt.\u2019<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230510005570\/en\/<\/a><\/span><\/p>\n

\nSam Sova
\n
Founder and CEO
\n
SOVA
\n
sam@teamsova.biz<\/a><\/p>\n

KEYWORDS:<\/b> Texas New York United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Hardware Oil\/Gas Coal Electronic Design Automation Alternative Energy Security Data Management Energy Technology Nuclear Environment Telecommunications Software Networks Internet Utilities<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Soluna\u2019s Project Dorothy 1A Reaches 25 MW Capacity with New Strategic Hosting Deal Partnership Advances Sustainable Bitcoin Mining ALBANY, N.Y.–(BUSINESS WIRE)– Soluna Holdings, Inc. (\u201cSHI\u201d or the \u201cCompany\u201d), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (\u201cSCI\u201d), a developer of green data centers for Bitcoin mining and other intensive computing, announced today a 20 MW hosting agreement at the Company\u2019s Project Dorothy 1A data center in Texas. This now fills Project Dorothy 1A with 25 MW of hosting contracts. John Belizaire, CEO of Soluna Holdings, commented, \u201cWith the addition of our new strategic hosting client, we have successfully filled Project Dorothy 1A to its 25 MW capacity with long-term partners. As we ramp up operations in the coming weeks, … <\/p>\n

Continue reading “Soluna\u2019s Project Dorothy 1A Reaches 25 MW Capacity with New Strategic Hosting Deal”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-757284","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nSoluna\u2019s Project Dorothy 1A Reaches 25 MW Capacity with New Strategic Hosting Deal - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/solunas-project-dorothy-1a-reaches-25-mw-capacity-with-new-strategic-hosting-deal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Soluna\u2019s Project Dorothy 1A Reaches 25 MW Capacity with New Strategic Hosting Deal - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Soluna\u2019s Project Dorothy 1A Reaches 25 MW Capacity with New Strategic Hosting Deal Partnership Advances Sustainable Bitcoin Mining ALBANY, N.Y.–(BUSINESS WIRE)– Soluna Holdings, Inc. (\u201cSHI\u201d or the \u201cCompany\u201d), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (\u201cSCI\u201d), a developer of green data centers for Bitcoin mining and other intensive computing, announced today a 20 MW hosting agreement at the Company\u2019s Project Dorothy 1A data center in Texas. This now fills Project Dorothy 1A with 25 MW of hosting contracts. John Belizaire, CEO of Soluna Holdings, commented, \u201cWith the addition of our new strategic hosting client, we have successfully filled Project Dorothy 1A to its 25 MW capacity with long-term partners. 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