In response to a press launch despatched to Bitcoin Journal, Digital Shovel Holdings Inc. has filed a lawsuit in opposition to RK Mission Important LLC, RK Mechanical LLC, and RK Industries LLC within the U.S. District Court docket for the District of Colorado, accusing them of patent infringement. The controversy surrounds Digital Shovel’s V-shaped know-how, which is designed to extend miner density in cryptocurrency mining containers.
Digital Shovel developed V-shaped know-how in 2018 and obtained patents in 2022, 2023 and 2024. In response to the criticism, RK Mission Important’s buyer Compute North initially sought to license the know-how from Digital Shovel in 2019 however was denied. Nonetheless, the containers produced by RK Mission Important had been stated to be so much like these from Digital Shovel that some workers initially mistook them for their very own product.
“Reasonably than compete pretty, Defendants took benefit of the modern know-how that Digital Shovel labored onerous to develop and defend via patents,” the criticism reads.
Digital Shovel CEO Scot Johnson stated that primarily based on RK Mission Important’s advertising, they consider they’ve bought about 850 items, every priced at greater than $200,000, and product gross sales have reached $170 million.
“Many listed mining firms are utilizing RK’s merchandise,” Johnson stated. “Nonetheless, our focus presently just isn’t on them or some other end-user. It’s on imposing our mental property in opposition to firms that use our know-how to construct merchandise and take prospects away from us.”
Regardless of being conscious of the pending patent since 2021, Digital Shovel claimed that RK Mission Important continued manufacturing with out authorization, they usually refused to take part in settlement negotiations, main Digital Shovel to hunt authorized redress. The corporate goals to acquire compensation and a courtroom order to stop additional gross sales of the infringing containers.
Bitcoin Journal will interview Johnson in an upcoming episode space above X Right now at 1:15 p.m. ET, these fascinated with studying extra in regards to the lawsuit are inspired to attend.
