Anhui Family Bitcoin Mining Farm Seized By Chinese Police For Stealing Electricity
The Chinese law enforcement cracked down on a Bitcoin mining farm in Bengbu, Anhui province, for illegally allocating a local electric power company's energy source for Bitcoin mining operations. The local police of Bengbu seized ASIC miners and other equipment used to mine the digital currency. Xin’an Evening, a local news publication in China, revealed earlier this month that a family in the Anhui province used home energy sources provided by a local electricity service provider to mine Bitcoin. The digital currency which the family obtained was used to finance the family’s expenditures.....
Related News
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....
According to Chinese publisher Xin’an Evening, Chinese police took down an illegal bitcoin mining farm in Bengbu, Anhui Province. The mining farm was using electric power from a local electric power company’s energy source to fund their operations and acquire bitcoin, as a total of 50 ASIC miners were seized. In China, power is seen as a state-owned property. A family was running the illegal bitcoin farm and, according to the Xin’an Evening, made enough money to finance up to 8 years of future expenses they could’ve had. The family was arrested after inspectors found out they were the....
According to Chinese reports, Daqing City in the People’s Republic of China recently cracked down on a ring of Bitcoin miners who were stealing electricity from the city’s oil production plants. Police there reportedly raided Bitcoin mining operations and confiscated equipment. The Chinese bitcoin community is quiet about such occurrences, but based on reports seen, twelve operations were raided and more than 1,000 pieces of bitcoin mining equipment seized over an eight month period over the course of 2016. The miners are accused of stealing electricity, and pictures reportedly show local....
Police in Malaysia have shut down a bitcoin mining operation and seized 1,720 bitcoin mining machines in a major electricity theft crackdown following public complaints. “Police inspected 75 premises around the district and 30 of them were found to be carrying out illegal bitcoin mining activities and stealing electricity.”
Malaysian Authorities Shut Down Bitcoin Mining Operation
Malaysian police have cracked down on a major electricity theft case involving bitcoin mining, local media reported. Perak police chief Datuk Mior Faridalathrash Wahid said at a press....
Police from the UK executed a raid in an industrial unit in the West Midlands county expecting to find a cannabis farm, but instead found a big bitcoin mining facility, that was coincidentally bypassing the controls from the local power utility company to siphon energy from the main grid, stealing thousands of pounds in the process. UK Police Raid Alleged Cannabis Farm, Stumbles Upon Bitcoin Mining Facility The West Midlands Police Department got a real surprise last week when they raided an alleged cannabis farm in an industrial premise, just to find the facility was used to operate a....