Delaware court rules Bitcoin mining rig hosting companies cannot block tenants from accessing their mining rigs
a court in Delaware has temporarily approved a restraining order filed by a Bitcoin mining company in Pennsylvania against its hosting company, which has blocked access to its mining machines due to a payment dispute. The restraining order prohibits the hosting service provider from blocking access and taking control of the 21,000 mining machines owned by the miner on the property.
Vice Chancellor Morgan Zurn approved a temporary restraining order on March 12 for Bitcoin miners Consensus Colocation and system owner Stone Ridge Ventures against Mawson Hosting, which provides hosting services for Bitcoin miners. These companies have disagreements on alleged unpaid fees, contract terms, and Consensus' relocation plans, which reportedly led to Mawson blocking miner personnel from entering the site.
These companies also claim that since February 28, after blocking Consensus from entering the premises, Mawson has been operating these mining machines for its own benefit. However, Mawson claims that under their agreement terms with Consensus, they have the right to use these mining machines and have priority purchase rights for their relocation plans. The Bitcoin miner has been seeking injunctive relief to regain control of its equipment and prevent Mawson from using them.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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