Bitmain Lawsuit Seeks Millions from Staffers Who Founded Rival Mining Pool
Cryptocurrency mining giant Bitmain is locked in a legal battle with three former employees who started a rival mining pool.
Bitmain, the owner of BTC.com, the world’s top bitcoin mining pool by hash rate, is suing the co-founders of Poolin, the seventh-largest pool, for allegedly violating a non-compete agreement – and it’s demanding $4.3 million in damages from one of them.