WhiteFiber Brings 40 MW North Carolina Site Online
The NC-1 site now serves Nscale under a 10-year agreement worth about $865 million in contracted revenue.
Updated on Nov. 12, 2026 in Data Centers
WhiteFiber has brought all 40 megawatts at its NC-1 site into operation under a 10-year service order with Nscale. The initial order carries about $865 million in contracted revenue, including rate escalators and installation services.
Why it matters
The buildout adds operating data center capacity in North Carolina and converts a large, long-term contract into billable service. For WhiteFiber and its subsidiary Enovum NC-1 Bidco, LLC, the agreement establishes a sizeable revenue base tied to colocation capacity.
WhiteFiber's NC-1 site totals 40 megawatts of capacity, with billing for the first 20 megawatts starting August 15, 2026. NC-1 colocation revenue reached $5.6 million in the third quarter, compared with $18.1 million in Cloud Services revenue at Bit Digital, and the report does not say when the second 20 megawatts will begin billing.
The players
WhiteFiber
WhiteFiber is a data center and infrastructure company that operates the NC-1 site in North Carolina.
Nscale
Nscale is the customer under the 10-year service order for capacity at WhiteFiber's NC-1 site.
Bit Digital
Bit Digital is a company that reported Cloud Services revenue in the same third-quarter period as the NC-1 colocation results.
The details
Enovum NC-1 Bidco, LLC, a wholly owned WhiteFiber subsidiary, entered the agreement with Nscale in November 2025. Billing for the first 20 megawatts began August 15, 2026, and the remaining 20 megawatts was operational by the report date.
Timeline
November 2025: Enovum NC-1 Bidco entered the Nscale agreement.
August 15, 2026: Billing began for the first 20 megawatts.
Third quarter 2026: The first 20 megawatts contributed to colocation revenue.
November 12, 2026: The remaining 20 megawatts was operational by the report date.
Roadmap
The NC-1 agreement follows the pattern of multi-year colocation service orders that convert phased megawatt capacity into contracted revenue. It shows how data center operators are staging capacity in tranches, with billing tied to each block as it comes online.
For most readers, the effect is indirect: the NC-1 capacity supports cloud and computing services delivered by its customers. The report does not describe pricing or service changes for end users.
The takeaway
Long-term contracts with escalators and installation services give data center operators predictable revenue as phased capacity comes online. Watch whether the second 20 megawatts at NC-1 begins billing on a similar timeline.
Further reading
For more on how capacity like this is being built out, explore our Data Centers coverage.
Source note: This article includes information reported by TokenPost.
