Forced To Accept Bitcoin, Company Now Suing Customers For Non-Payment

in #crash2 years ago

Compass Mining, a U.S.-primarily based totally bitcoin mining company, has sued its former customer, Bitcoin Shop, for dropping 1,500 of its mining machines.

Compass Mining stated that it offered the machines from Bitcoin Shop in December 2014 in change for $1 million really well worth of bitcoin. According to Compass, the clients had been paying a median of $3,000 in line with month to run their device.

However, Compass alleges that Bitcoin Shop didn't deliver the device on time and that a few clients had already paid off their contracts once they acquired their equipment lower back from the retailer`s warehouse.

Compass stated these days that it's miles in search of damages in extra of $1 million.