Russian Authorities Uncover Mobile Crypto Mining Farm Using Stolen Electricity
Autor: Mining Provider Editorial Staff
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Kategorie: News
Zusammenfassung: Russian authorities uncovered a mobile crypto mining farm in Buryatia using stolen electricity, resulting in significant financial losses and five arrests. This incident reflects the rising trend of illegal mining operations in Russia, prompting stricter enforcement measures.
Illegal Crypto Mining Farm Discovered in Russia
Russian authorities have uncovered a mobile crypto mining farm that was operating using stolen electricity, causing significant financial damage. The operation, which was discovered in the Republic of Buryatia, involved a truck modified to house around 100 mining rigs, leading to a loss of approximately 3 million rubles (over $38,000) within just a few days, as reported by the Russian Ministry of Internal Affairs (MVD).
The spokesperson for the MVD, Irina Volk, shared details via Telegram, indicating that the miners had illegally connected their equipment to the power grid while driving along power lines. Five individuals involved in this operation were arrested by local police and members of the National Guard, with a criminal case already initiated against them. Additionally, law enforcement seized mining equipment valued at 6.5 million rubles from the homes of the suspects.
"The discovery of this mobile mining operation highlights the increasing ingenuity of illegal miners in Russia," stated Irina Volk.
This incident is not isolated, as illegal crypto mining activities in Russia have been on the rise, with authorities in Dagestan previously reporting a similar operation found in a Gazelle van. Both regions are among several in Russia where mining has been partially or completely banned due to energy shortages largely attributed to crypto activities.
In 2024, Russia legalized mining, but many areas with low electricity prices were unprepared for the surge in both legal and illegal operations. The government is considering measures to legalize the sector further, including potential amnesty for miners who register with tax authorities. Meanwhile, authorities are intensifying their crackdown on those profiting from stolen electricity, employing advanced methods to detect illegal mining operations.
Key Takeaways:
- A mobile crypto mining farm was discovered in Buryatia, causing a loss of 3 million rubles.
- Five individuals were arrested, and mining equipment worth 6.5 million rubles was seized.
- Illegal mining activities are increasing in Russia, prompting stricter enforcement and potential regulatory changes.
Source: Cryptopolitan
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