China Supreme Court Sides With Mining Operator in Battle Over 485,000 GPUs


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Anyone looking for a five-year-old GPU might be in luck soon. The Block reported that China’s Supreme Court has ordered the return of 485,681 AMD Radeon RX  470 8GB graphics cards to Genesis Mining, which calls itself the “largest cloud Bitcoin mining company,” following a legal dispute with its former hosting provider.

Genesis Mining filed its lawsuit in 2019 after the hosting provider, Chuangshiji Technology Limited, allegedly refused to return the graphics cards, as well as 60,580 AntMiner S9 mining rigs, after the companies had a payment-related spat in 2018.

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