An interim decision for Bitcoin mining company: Court stops access lock to 21,000 mining rigs against Mawson Hosting

<p> <strong> An interim decision for Bitcoin mining company: Court stops access lock to 21,000 mining rigs against Mawson Hosting </strong> </p>

Legal dispute between Bitcoin mining company and hosting provider in Delaware

A Bitcoin mining company from Pennsylvania recently obtained an injunction against its hosting provider. The background to this legal dispute is in a payment dispute between the Mining company Consensus Colocation and Mawson Hosting, a provider of hosting and colocation services for Bitcoin miner.

Court decision and an injunction

On March 12, judge Morgan in Delaware issued an injunction that prohibited Mawson Hosting to block or confiscate the 21,000 mining rigs from Consensus. The differences between opinion between the two companies relate to allegedly not paid fees, the conditions of their business agreement and the plan of Consensus to shift the location. Mawson then denied the Consensus staff access to the systems.

In addition, the companies have argued since February 28 that Mawson uses the mining systems for their own advantages, since Consensus was prevented from accessing the rigs. Mawson counters that she has the right to use the rigs as part of her agreement with Consensus. The Bitcoin miner is therefore committed to recovering control over its devices and Mawson prohibits the use of it.

Content of the injunction

The interim decision includes that Mawson is now prohibited to use the Hashrates of the Miner and to limit the access of Consensus to the facilities in Midland, Pennsylvania, both digitally and physically. This regulation applies to the clarification of the matter in a later interim hearing. At the current time, Mawson Infrastructure Group and Consensus Colocation have not responded to inquiries regarding the case.

Background of the disputes

In a lawsuit dated March 6, the lawyers of Consensus Mawson accused Bitcoin with plants worth $ 30 million since February 28, while they blocked access both physically and via VPN. Mawson's daily profits are estimated at between $ 100,000 and $ 200,000.

Consensus and Stone Ridge Ventures signed in December 2023 a colocation contract with Mawson, with an agreement to gradually ended the partnership by the end of March 2025. The capacity is to begin on March 3. Mawson argues that they are due to fees and advance payments for February and March and that the contract gives them the right to redirect the Consensus hashrate.

The lawyers of Consensus emphasize in the lawsuit that the clause for the detour of the hashrates should only apply under certain conditions and before April 1, 2024. They point out that the deposit was already fully paid when Mawson began the diversion of the Hashrate on February 28th. Furthermore, it is claimed that Mawson has "stolen" Hashrates, which is worth much more than the $ 17,505.45 $ 17,505.45.

The dispute between these two companies illustrates the challenges and conflicts that can occur in the Bitcoin mining industry, especially in terms of contractual terms and access to hardware. The legal disputes are likely to continue to be followed closely because they can have an impact on the companies concerned and the industry as a whole.