The shares of Soluna Holdings, Inc. (NASDAQ: SLNH) increased 5.68% to close at $4.28 on Thursday in the after-market trading session. That came after Soluna stock had increased by 2.53% during the regular session to close at $4.05. The company’s announcement of a successful green imitation coincided with the increase in SLNH shares.
The optimistic results of an independent investigation by REsurety were revealed by Soluna (SLNH). According to the study’s findings, compared to a conventional, rigid data center, Soluna’s Project Dorothy data center in Texas generates 18% less carbon emissions.Furthermore, the study showed that compared to other cryptocurrency miners, SLNH’s emissions might be up to 40% greener.
Utilizing its Local Marginal Emissions data and analysis, REsurety’s study discovered that Project Dorothy emits 18% less carbon than conventional round-the-clock data centers in West Texas thanks to its energy-constrained operations. Additionally, according to this analysis, Soluna performs far better in terms of emissions than the typical bitcoin mining data center examined by WattTime, as reported in The New York Times.
In their sample set, the NYT/WattTime analysis indicated an average MW caused emissions of 4,188 marginal CO2 tons annually. Using a similar analytical approach, the research concluded that the Project Dorothy data center caused an estimated 2,657 CO2 tons per year, approximately 40% less, due to its location in West Texas, a region rich in renewable energy, and its capacity to use curtailed wind energy.
Soluna sets out to transform data centers by emphasizing high efficiency and a low carbon footprint at the beginning of the trip. Its success in placing with clean energy sites to set a new standard for data center operations is confirmed by an independent study, which is especially important given the growing need for AI computing resources and sustainable cryptocurrency mining.
Additionally, Rob Day of Spring Lane Capital was a guest on Soluna’s Clean Integration Podcast, which debuted in Season 4: Episode 1 and covered this study as well as Project Dorothy’s low carbon emissions.
