NEWS Upstream Data Files Lawsuit Against Crusoe Energy Systems For Bitcoin Mining Operations

[Google News Bot]

Canadian Bitcoin mining corporation Upstream Data Inc. has filed a patent infringement lawsuit against Delaware limited liability company Crusoe Energy Systems LLC in the United States District Court for the District of Colorado. The lawsuit alleges that Crusoe has infringed on Upstream's patent related to bitcoin mining technology used to convert stranded natural gas into bitcoin. According to the complaint, Upstream holds the patent for a system that powers a blockchain mine at remote oil well sites using stranded gas to generate electricity for cryptocurrency mining. According to the f ...

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