Soluna Bolsters Revenue Potential with Purchase of more than 8,250 Machines to Power Project Dorothy 1B

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Jun 14, 2023

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced the purchase of 8,250 Bitmain Antminer S19s, S19j Pro and S19j Pro+ for its Project Dorothy 1B data center in Texas. The purchase is estimated to result in 860 PH/s of hashrate with an average efficiency of 29.9 J/TH, and at a cost of $11.25 $/TH inclusive of all fees, import, and taxes.