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14/03/25
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Delaware Court Halts Mawson Hosting in Bitcoin Mining Dispute
A Delaware court has intervened in a conflict between a Pennsylvania-based Bitcoin mining operation and its hosting provider, Mawson Hosting, by issuing a temporary restraining order. The order prevents Mawson from blocking access to the mining site and from taking control of 21,000 mining rigs belonging to Consensus Colocation and its parent company, Stone Ridge Ventures.
The legal dispute centers around allegations of unpaid fees and contract disagreements. Consensus claims that Mawson has hindered their access to the mining equipment, thereby allowing Mawson to utilize the rigs for its own benefit since February 28. Mawson, on the other hand, asserts that it is entitled to use the equipment under the terms of their agreement and alleges that it has the right of first refusal regarding Consensus’s decision to relocate.
The court’s ruling on March 12 effectively bars Mawson from leveraging the mining rigs and restricts it from limiting Consensus’s digital and physical access to its property in Midland, Pennsylvania. This temporary measure will remain in place until a preliminary injunction hearing can be scheduled to address the issues in greater detail.
The origins of this legal dispute date back to a complaint filed by Consensus on March 6. The complaint outlines accusations that Mawson has been mining Bitcoin with the company’s machines, which are valued at approximately $30 million. This unauthorized use has reportedly yielded profits between $100,000 and $200,000 daily. According to the colocation agreement signed in December 2023, the partnership is set to conclude by the end of March 2025, with a phased withdrawal of equipment that was supposed to start on March 3.
Mawson contends it is owed fees and electricity prepayments for the months of February and March. However, Consensus’s legal team argues that the rights concerning the redirection of mining activities were improperly invoked after the deposit had been fully paid. The disagreement highlights a significant contention over the rights and responsibilities outlined in their contractual agreement.
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