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Bitcoin mining offshoot Nscale loses Microsoft AI deal as power delay stretches into 2030s

CoinDesk·October 19, 2026·1 min read
Bitcoin mining offshoot Nscale loses Microsoft AI deal as power delay stretches into 2030s

Nscale, an Nvidia-backed bitcoin mining offshoot, lost a Microsoft AI deal after its grid connection was delayed into the 2030s. The company had planned to deliver 23,000 AI chips in Britain next year, but the power delay derailed the project.

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