NEW: U.S. Patent Office revises Crusoe-Upstream Data ruling, rejects all petitions made by Crusoe
The case is a landmark decision for patent law in the emerging, wildcat field of oil-and-gas bitcoin mining. And it’s also a big win for Upstream Data, a relatively small firm which has been a pioneer in the oil-and-gas mining sector, against the heavily capitalized Cruseo Energy, which raised $600 million at a $2.8 billion valuation last December.
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