Home Finance BTC miner Rhodium faces lawsuit over alleged $26 million in unpaid charges: report

BTC miner Rhodium faces lawsuit over alleged $26 million in unpaid charges: report

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BTC miner Rhodium faces lawsuit over alleged $26 million in unpaid charges: report

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 get better “greater than $26 million” in allegedly unpaid mining facility charges.

In accordance In line with Riot Platform’s first quarter 2023 monetary report printed on Might 10, Rhodium allegedly breached its contract with Riot by not paying internet hosting and repair charges related to using Bitcoin mining services from Whinstone, a subsidiary in unique property of Riot.

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

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