A class action lawsuit with a claim for $5 million has been filed against Bitmain in California. It claims the Chinese ASIC producer eked out hashing power from every machine sold. According to the suit, late-model ASICs were designed to mine toward Bitmain-related pools during the initiation process.
The plaintiff, Gor Gevorkian, claims that previously, ASIC had a setup mechanism with a low-energy mode that did not start mining. However, as Bitmain’s influence grew, the initiation process was changed, and for a while, the machine’s hashrate could be used.
“In the past, Bitmain A...
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