Hyperscale Data Halted Michigan BTC Mining Amid AI Deal
Hyperscale Data has halted its Bitcoin mining operations at its Michigan facility to fulfill requirements for an artificial intelligence (AI) data center agreement.
The company said miners were switched off after an inspection by a California-based neocloud provider, and it plans to sell the mining hardware once the transition is complete.
Hyperscale expects the AI master services agreement to generate more than $1.2 billion over up to 20 years, with potential upside if additional capacity is taken.