Talks to resolve a dispute over losses GMO suffered due to a “power shortage” were paused when Riot acquired the facility, according to GMO. Given the decrease in hosting fees, it looked like the Japanese company was asking for $3 million for the power shortage losses, until April this year, when it asked for $35 million, Whinstone said.
Texas Bitcoin Mine Whinstone Countersues Japan’s GMO Internet, Seeks $15M Damages in Four-Year Dispute
