Soluna Holdings, Inc., through its subsidiary, Soluna Computing, Inc. (SCI), is engaged in the mining of cryptocurrency through data centers that can be powered by renewable energy sources. SCI has built, and intends to continue to develop and build, modular data centers that are used for cryptocurrency mining and that in the future can be used for computing-intensive, batchable applications, such as artificial intelligence and machine learning. SCI operates a cryptocurrency mining facility that integrates with the cryptocurrency blockchain network in the state of Washington. It also has mining operations in Murray, Kentucky and Calvert City, Kentucky. The mining facility in Calvert City performs hosting services and prop mining in which 10 megawatts is used for hosting services and 15 megawatts is used for prop mining. The mining facility in Murray, Kentucky operates fully on prop mining with a capacity of approximately 25 megawatts.