Bitcoin Miner Riot Sues Peer Rhodium Enterprises for Alleged $26M in Unpaid Fees

Bitcoin miner RiotPlatforms is suing rhodium_inc for $26 million in alleged unpaid fees, as well as a disagreement over demand response related power credits. egreechee reports

, under which bitcoin miners get power credits to limit their energy consumption, is the key reason that led to the lawsuit. The civil case for breach of contract was filed by Riot with the district court of Milam County in Texas on May 2 and four of Rhodium's subsidiaries as defendants.

Whinstone claims it tried to collect the payments in May 2022 and on April 5, but the Rhodium entities have refused or failed to pay, leading to the lawsuit.

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