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HomeFinanceBTC Miner Rhodium Faces Lawsuit Over $26M in Unpaid Charges: Report

BTC Miner Rhodium Faces Lawsuit Over $26M in Unpaid Charges: Report

By Forex Crypto Zone

14 May 2023

Crypto mining firm Riot Platforms – previously Riot Blockchain (NASDAQ:) – has filed a lawsuit in opposition to the Texas-based firm (BTC) miner, Rhodium Enterprises, to recuperate “greater than $26 million” in allegedly unpaid mining facility charges.

In accordance with Riot Platform’s first quarter 2023 monetary outcomes report revealed on Could 10, Rhodium Enterprises allegedly violated its contract with Riot by not paying internet hosting and repair charges related to the usage of the Bitcoin mining services of Whinstone, a completely owned subsidiary of Riot.

Excerpt from Riot Platforms quarterly report for the interval ending March 31. Supply : SECOND

Proceed studying on Coin Telegraph

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