Bitcoin Mining Brothers Face Prison Time for Stealing Electricity
Two brothers in Rotterdam in the Netherlands alleged to have stolen electricity to power a bitcoin mining operation in 2014 face months in prison, if prosecutors get their way. In the first case of its kind in the Netherlands, prosecutors are seeking prison time for two brothers who engaged in a bitcoin mining operation fueled by stolen electricity. According to a local news report, one of the two unnamed brothers, aged 39 and 43, owned the property where the mining operation took place. The operation took place in 2014 while prosecutors at the District Court of Rotterdam alleged yesterday....
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Two brothers in the Netherlands face months in prison after allegedly siphoning power to fuel a small bitcoin mining operation, Dutch authorities say. The case dates back to 2014, when the brothers, whose names were not disclosed, are said to have been caught stealing electricity from a local utility provider in order to power bitcoin mining devices at a location in Rotterdam. Prosecutors said this week that, in total, the brothers mined roughly €200k ($223,000) worth of bitcoin prior to being caught. According to the Openbaar Ministerie, the public prosecutorial service in the....
Two brothers from Rotterdam have been arrested for stealing electricity to mine bitcoins. According to the Openbaar Ministerie, local police confiscated the mining equipment and 200 thousand euros. Two Brothers Allegedly Stole Electricity to Mine Bitcoin and Grow Marijuana. Local reports said the two unnamed brothers owned the equipment, but stole power....
Russian law enforcement officials are investigating a crypto mining operation at Butyrka, Russia’s oldest prison. A deputy warden has been accused of stealing electricity to mint digital coins with the help of unidentified accomplices.
Deputy Warden Suspected of Mining Cryptocurrency in Moscow Prison
A high-ranking representative of the management of Butyrskaya prison, in the Tverskoy District of central Moscow, is under investigation for setting up a crypto mining farm. Also known as Butyrka, this is the oldest prison in Russia, built in the distant 1771.
The....
Some Bitcoin miners have been busted for stealing electricity according to a public statement by police in Ma’anshan, a mining town in China. Very few details are provided except to state that 74 bitcoin mining units have been seized, coinciding with a small fall in difficulty of around 1.63% on June the 8th. This is the second known case of Chinese bitcoin miners stealing electricity. Last year, 200 bitcoin mining rigs were seized following investigation by Ma’anshan’s power companies and police after reports from the public suggested possible stealing behavior. The investigation found....
Law enforcement officers have uncovered a psychiatric clinic at Russia’s oldest prison that was secretly converted into a bitcoin mining farm. A deputy warden and his accomplices are under investigation for their suspected role in constructing the crypto farm after being accused of stealing electricity to produce digital currencies. The Butyrskaya prison in the Tverskoy District […]