A legal spat between Hut 8 and an energy supplier for one of its Bitcoin mining sites has escalated, with the crypto miner filing a lawsuit seeking damages in an Ontarian court.
The firms have been in an ongoing dispute since early November 2022 due to what Hut 8 alleges is a failure by Validus to “meet its contractual obligations” for the power purchase agreement .
In its new lawsuit, Hut 8 is seeking “monetary damages incurred as a result of the dispute” and enforcement of certain provisions as per the agreement signed by the two companies.
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