Canadian Bitcoin mining company Upstream Information Inc. has filed a patent infringement lawsuit in opposition to Delaware restricted legal responsibility firm Crusoe Power Techniques LLC in the US District Courtroom for the District of Colorado.
The lawsuit alleges that Crusoe has infringed on Upstream’s patent associated to bitcoin mining expertise used to transform stranded pure fuel into bitcoin. Based on the criticism, Upstream holds the patent for a system that powers a blockchain mine at distant oil properly websites utilizing stranded fuel to generate electrical energy for cryptocurrency mining. Based on the submitting, the corporate has deployed over 350 bitcoin mining techniques throughout the U.S. and Canada, addressing the difficulty of stranded fuel venting and flaring.
Crusoe, which manufactures and operates cryptocurrency mining techniques linked to stranded pure fuel sources, is accused of competing with Upstream by promoting and working related techniques. The criticism claims that Crusoe’s “Digital Flare Mitigation” techniques infringe on Upstream’s patented expertise. The lawsuit additional alleges that Crusoe was conscious of Upstream’s patented expertise through the growth of its personal merchandise. The lawsuit submitting highlights situations the place Crusoe recognized Upstream as a competitor in weblog posts and claims made in patent functions.
The lawsuit seeks damages and injunctive aid in opposition to Crusoe for patent infringement. Upstream argues that Crusoe’s actions have triggered hurt to its enterprise by infringing on its patent rights and creating unfair competitors out there. The case can be heard in the US District Courtroom for the District of Colorado, the place Crusoe has common and established locations of enterprise in accordance with the submitting. Upstream asserts within the lawsuit that the courtroom has jurisdiction over the case.