Michigan Bitcoin Mining Halted Ahead of Billion-Dollar AI Deal
Hyperscale Data's Michigan Bitcoin mining operations have been shut down ahead of a major AI contract worth $1.2 billion.
The company had sold 100 BTC and secured financing at variable rates between 4.5% and 5.0%
This move comes as other Bitcoin miners resume selling, with MARA depositing 200 BTC and Riot Platforms depositing another 381 BTC on the NYDIG platform.