Unpacking Canaan’s lawsuit against an upstart rival — and what it means for the Bitcoin mining hardware competition

20211130 Bitcoin Miner Lawsuit 800x450 H9X10F

Quick Take

Canaan’s recent patent lawsuit against AGM Holdings is conceptually similar to the legal war between Bitmain and MicroBT four years ago.
It remains to be seen if the “public knowledge” argument by the defendant HighSharp will be able to stand in court.

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