Legal Dispute Over Bitcoin Mining Equipment Access
In a significant legal development, a Delaware court has issued a preliminary injunction against Mawson Hosting, a hosting provider for Bitcoin miners, following a dispute with Consensus Colocation and Stone Ridge Ventures. The court's decision, dated March 12, prohibits Mawson from blocking access to 21,000 mining rigs owned by Consensus and from utilizing the rigs' hash rate. This injunction will remain in effect until a formal hearing is conducted. The case stems from allegations that Mawson has been operating the rigs for its own benefit since February 28, generating daily profits between $100,000 and $200,000, while denying Consensus physical and digital access to the equipment. Mawson, however, claims it has the right to use the rigs under the terms of their agreement. The dispute highlights the complexities of agreements in the Bitcoin mining industry. Source: Cointelegraph Deutschland (https://de.cointelegraph.com/news/streit-um-bitcoin-gericht-spricht-einstweilige-verfuegung-gegen-mining-hoster-aus).
Kentucky Passes Pro-Bitcoin Legislation
The state of Kentucky has taken a groundbreaking step by passing legislation to protect Bitcoin self-custody and mining rights. The bill, titled "AN ACT relating to blockchain digital assets (HB 701)," was unanimously approved by the state Senate with a 37-0 vote on March 13. It ensures that individuals can store digital assets in self-hosted wallets and prevents local governments from imposing discriminatory building codes against mining companies. Additionally, the law exempts private Bitcoin miners and digital asset mining firms from money transmitter licensing requirements. This legislation positions Kentucky as one of the most Bitcoin-friendly states in the U.S., potentially setting a precedent for other states. Source: IT BOLTWISE® x Artificial Intelligence (https://www.it-boltwise.de/kentucky-staerkt-bitcoin-rechte-gesetz-zum-schutz-von-selbstverwahrung-und-mining.html).
BitFuFu Joins Top 10 in Bitwise Bitcoin ETF
BitFuFu Inc., a prominent Bitcoin mining and services company, has been included as a top-10 holding in the Bitwise Bitcoin Standard Corporations ETF. The ETF, launched on March 11, 2025, focuses on companies holding at least 1,000 BTC in reserves. BitFuFu, with 1,800 BTC in its treasury as of February 28, 2025, represents 4.03% of the ETF's assets. Despite a 78% revenue growth over the past year, BitFuFu's stock has faced challenges, partly due to a decline in Bitcoin production in February. The company is expanding its operations, including acquiring a 51-megawatt mining facility in Oklahoma and planning to deploy advanced S21 miners. Source: Investing.com Deutsch (https://de.investing.com/news/company-news/bitfufu-wird-zu-top10position-im-bitwise-bitcoin-etf-93CH-2915350).
Bitcoin Heating Startup Secures €1.25 Million Investment
Austrian startup 21energy, known for its innovative Bitcoin-mining-powered heating systems, has secured a €1.25 million investment for 10% equity from entrepreneur Mathias Muther during the TV show "2 Minuten 2 Millionen." The company, founded in 2022, has sold approximately 4,000 units across 35 countries. Its heating systems, which start at €782.10 for residential use and go up to €11,700 for industrial models, generate heat through Bitcoin mining while potentially offsetting operational costs with mining profits. The investment aims to support 21energy's global expansion. Source: Leadersnet.at (https://www.leadersnet.at/news/87544,millionen-investment-in-start-up-fuer-bitcoin-heizungen.html).
Sources:
- Streit um Bitcoin – Gericht spricht einstweilige Verfügung gegen Mining-Hoster aus
- Kentucky stärkt Bitcoin-Rechte: Gesetz zum Schutz von Selbstverwahrung und Mining
- Warum Bitcoin eine langfristige Investition wert ist
- BitFuFu wird zu Top-10-Position im Bitwise Bitcoin ETF
- Bei "2 Minuten 2 Millionen" - Millionen-Investment in Start-up für Bitcoin-Heizungen
- Bitdeer-Aktien fallen trotz erfolgreicher Chip-Tests
