Ava Labs Founder Explains How Speed and Security Can Coexist on Blockchain.

Wednesday, Oct 8, 2025 12:03 pm ET1min read

Ava Labs CEO Emin Gün Sirer explains how Avalanche's design combines speed, scalability, and security without compromise. The blockchain's consensus protocol allows for fast decision-making, unlike Bitcoin's energy-intensive mining and older "classical protocols." Sirer emphasizes that the cost of Avalanche's speed is not security, but rather a probabilistic guarantee.

Soluna Holdings and Canaan Inc. have announced a strategic partnership to deploy 20MW of Bitcoin miners at Soluna’s renewable energy-powered data centre, Project Dorothy. This collaboration underscores the growing trend of utilizing renewable energy sources for high-performance computing applications, such as Bitcoin mining and AI.

The agreement will see Canaan deploy 20MW of its Avalon A15 XP Bitcoin miners at Soluna’s Project Dorothy data centre, located in Texas. The deployment is planned for the first quarter of 2026 and involves hardware capable of approximately 1 exahash per second (EH/s) of computing power. Canaan’s Avalon A15 XP units are engineered for efficiency and resilience, making them well-suited for integration into Soluna’s wind-powered facility.

Soluna’s Project Dorothy facility runs primarily on behind-the-meter wind power but maintains a connection to the grid to ensure operational uptime. This hybrid setup allows the data centre to provide performance and stability while managing cost efficiency. The unique advantage of the Project Dorothy site is its ability to combine dependable operations with compelling cost metrics by using a dual power source.

For Soluna, the agreement with Canaan represents a key step in scaling its renewable-powered business model. With its Project Dorothy 2 facility now operational, Soluna is demonstrating that forming partnerships with technology providers is crucial to monetizing its substantial pipeline of energy capacity. For Canaan, the project aligns with its broader strategy to grow its presence in North America.

This collaboration aims to show that large-scale mining operations can be hosted sustainably in facilities designed to integrate renewable power effectively. The partnership highlights a strategic alignment between hardware producers and sustainable energy providers within the cryptocurrency sector.

Ava Labs Founder Explains How Speed and Security Can Coexist on Blockchain.

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