Whinstone US, a unit of bitcoin mining firm Riot Platforms (RIOT), is suing another miner – Rhodium Enterprises – alleging it is owed $26 million in hosting fees and asking a local court to declare that it doesn’t owe any credits related to demand response programs to the defendant.
Riot first disclosed its allegations in its first-quarter earnings report yesterday and according to a petition obtained by CoinDesk, Riot’s participation in demand response programs, under which bitcoin miners get power credits to limit their energy consumption, is the key reason that led to the lawsuit. The civil case for breach of contract was filed by Riot with the district court of Milam County
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