The demand for energy to mine cryptocurrencies has set off a global scramble for inexpensive power, leading to the increased use of environmentally dirty fossil fuels, such as coal. In response, governments are regulating mining companies, both to limit pollution and to lower the stress mining companies have placed on local power economies.
Soluna aims to address this problem by building computing centers powered by environmentally clean, utility-scale renewable green energy. Their mission is to power the crypto-economy with clean, low-cost renewable energy. To do this, they are building a blockchain infrastructure and mining company that owns its own renewable energy resources.