A Model To Help Bitcoin Miners Sell Their Equipment

Bitcoin mining system producer that sells its rigs via resellers and at once to stop clients. The agency became based in 2014 and has been concerned in numerous proceedings with competition during the last few years.

In April, Compass Mining agreed to pay up to $1 million in damages after being sued via way of means of BFG Miner LLC over alleged patent infringement. The case became later settled for an undisclosed amount, aleven though it`s believed that BFG could had been entitled to greater than $1 million if the case had long gone to trial.

Compass allegedly bought some of BFG Miners at fees under marketplace value, which resulted withinside the lack of masses of Bitcoins for clients who sold them from Compass' resellers. This yr alone, Compass has bought greater than 1,000 machines at under wholesale pricing, in line with courtroom docket files filed via way of means of BFG Miners attorneys closing month.

BFG Miners additionally accuses Compass of fraudulently inducing clients into buying their rigs via way of means of telling them they have been receiving reductions or rebates on their buy charge after they weren't (in fact)