Last Monday, November 27, Whinstone Inc.’s private security entered the Rockdale, TX-based premises of Rhodium Enterprises in order to remove employees to cease operation of their 125MW Bitcoin mining facility.
The legal battle that culminated in this seizure started on May 2, 2023 when Whinstone US, Inc., a subsidiary of Riot Platforms, filed a lawsuit against certain Rhodium entities. The dispute centered around hosting and energy agreements between the two parties, with Whinstone seeking damages for alleged unpaid hosting fees and a declaratory judgment asserting its right to terminate these agreements.
Rhodium, not taking the accusations lightly, engaged outside counsel and countered with claims of its own. It sought damages for Whinstone’s alleged breaches of certain hosting agreements and filed a motion to compel arbitration. The court, siding with Rhodium, granted the motion, ordering the case to be resolved through arbitration. Within a document filed on June 12, 2023 titled
We współpracy z: https://bitcoinmagazine.com/legal/texas-bitcoin-mining-operation-shutdown-by-hosts-armed-security
