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

Quick Take

  • Canaan’s recent patent lawsuit against AGM Holdings’ chip partner 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.
Canaan's lawsuit against AGM Holdings' chip partner is reminiscent of the case that Bitmain brought against MicroBT four years ago.

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