Bitmain Targeted in Lawsuit Over Alleged Contract Breach with Hosting Partner

A legal dispute has erupted between Bitmain and its hosting partner, Old Const, raising concerns about contract integrity within the Bitcoin mining industry. Old Const alleges that Bitmain fabricated breaches to reclaim mining hardware unlawfully, leading to a breach of their hosting agreement in Tennessee. This lawsuit could significantly impact Bitmain’s U.S. market expansion plans and has potential implications for the broader Bitcoin mining sector as well.