Lancium Provides Litigation Update On Lawsuit Against Layer1
October 26, 2020

Houston — On Friday, October 23rd, Judge Albright in the United States District Court for the Western District of Texas denied without prejudice Layer1 Technologies’ Motion to Dismiss the patent infringement suit brought by Lancium LLC against Layer1.

“We appreciate Judge Albright’s rapid denial,” stated Lancium CEO, Michael McNamara. “We look forward to the next phases of the case and, ultimately, to the opportunity to present our case to the jury. Under Layer1’s present management, it is difficult to see any other path forward.”

Lancium has, and will continue to, aggressively protect its existing intellectual property.

Lancium asserts that Layer1 infringes multiple claims of U.S. Patent No. 10,608,433 by manufacturing, using, offering to sell, selling, and/or importing infringing systems and methods for adjusting power consumption utilized in or by at least Layer1’s Bitcoin mining facilities.

About Lancium

Lancium is a technology company creating software, technical solutions and energy infrastructure that together are decarbonizing the grid. Lancium strives to be the leader in green, low-cost infrastructure that will power the next generation of cryptocurrency mining and other distributed energy-intensive applications. Its solutions help ensure that renewable energy can power our future. Lancium has numerous issued and pending patents. For more information visit www.lancium.com, and follow Lancium on Twitter and LinkedIn.