Bitmain Sues Over Hosting Agreement, Potential Market Impact Limited

A lawsuit has been filed against Bitmain, a major player in bitcoin mining equipment production, by Old Const, a US-based hosting provider. The suit claims fabricated breaches of their agreement regarding a contract signed in November 2024. This legal action could potentially impact Bitmain’s expansion plans in the US, although no significant market disruption has been reported within Bitcoin’s supply chain or hash rate.