A new lawsuit filed by a customer for Bitmain's Tennessee "rack-top" bitcoin mining equipment sale adds a relevant case to the company's computing power deployment in the US.
On September 12, 2025, 1969 LLC, headquartered in Wyoming, filed a lawsuit in the Southern District Court of Texas, alleging that Bitmain violated the Rack Sale Purchase Agreement signed on April 21. According to the agreement, the two parties involved the transaction of 6,933 Antminer S21 machines with a total processing power of 1.386 exhash/second (EH/s) and a valuation of $15 per terahash/second (TH/s). The mining rigs have been pre-installed at a site at 252 TN-140 Road in Priyere, Tennessee, and the transaction uses a "buyer buys operating computing power" model rather than directly receiving the mining rigs.
The lawsuit alleges that Bitmain is guilty of three breaches: failing to fix the faulty server, wrongfully terminating the contract on August 22, and ignoring the "Houston arbitration clause" in the agreement, threatening to file a lawsuit in a Tennessee county court. At present, 1969 LLC is seeking a temporary restraining order and injunction from the court to prevent Bitmain from seizing the relevant equipment, and asking the court to make a declaratory judgment "confirming the validity of the arbitration clause".
Bitmain sued over $20.80 million "rack-mounted" bitcoin hashrate sale in Tennessee
2025-10-14 03:30:35
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