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Soluna Powers Up Project Dorothy 2, to Increase Bitcoin Hosting Capacity by 60% to 123 MW
Initial phase powered up and ramping; To be completed by Q4 2025. ALBANY, N.Y.--(BUSINESS WIRE)-- Soluna Holdings, Inc. (“Soluna” or the “Company”), (NASDAQ:
About this update from Soluna Holdings, Inc.
[{"type":"text","content":"\nInitial phase powered up and ramping; To be completed by Q4 2025.\n\n ALBANY, N.Y.--(BUSINESS WIRE)--\nSoluna Holdings, Inc. (“Soluna” or the “Company”), (NASDAQ: SLNH), a developer of green data centers for AI and other intensive computing, announced today that it has the approval from ERCOT and has successfully begun the initial energizing and phased commissioning of Project Dorothy 2, marking a significant expansion of its Bitcoin Hosting capacity.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250325594980/en/Soluna Powers Up Project Dorothy 2\nThe energization of Project Dorothy 2 represents the next phase of Soluna’s flagship Texas-based data center, designed to integrate seamlessly with renewable energy sources. The initial energization for the first 18 MW will be fully ramped in Q2 2025 and the remaining two phases totaling 30 MW will be completed by Q4 2025.\n\nSummary Facts on Project Dorothy 2:\n\nTotal Size: 48 MW\nPhases: 3 phases at 18, 14, and 16 MW each\nDate of Initial Energization: Q1 2025\nAnticipated Annual Revenue: $19 - $25mm\nEstimated Date of Completion: Q4 2025\nRevenue source: Bitcoin Hosting\nHashrate Capacity: 2.2 EH/s\nPrimary power source: Wind\nLocation: Silverton, Texas\n\nThe facility is connected to a 150 MW wind farm, providing a scalable solution to reduce curtailment and optimize clean energy usage. This new phase brings additional computing capacity online, reinforcing Soluna’s commitment to powering high-performance computing with sustainable energy.\n\nJohn Belizaire, CEO of Soluna stated, “The energization of Project Dorothy 2 builds on the success of Project Dorothy 1, demonstrating how Soluna’s approach to curtailment solutions and sustainable computing can be scaled efficiently.” He added, “As we expand our Bitcoin Hosting capacity, we continue to attract the industry’s top Hyperscaler miners with our white glove service model called Relentless Stewardship.”\n\nKey Features of Project Dorothy 2:\n\n\nAdditional 48 MW of renewable-powered Bitcoin Hosting brings Soluna’s total capacity to 123 MW.\n\n\nStrategic integration with local energy infrastructure to minimize curtailment\n\n\nOptimized efficiency to support Bitcoin mining workloads with reduced environmental impact\n\n\nDemonstrates capability to scale data center f...