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Crypto mining data center Soluna Holdings (SLNH) experienced a significant 12.25 % increase in its shares on May 15 as it announced a $14 million funding agreement with Navitas Global.
As Bitcoin mining operations ramp up worldwide the electrical cost of mining is drawing the ire of municipalities and environmental groups alike. However, Soluna is looking to offset the carbon footprint of mining Bitcoin through its wind power plant in the…