Latest News and Articles about Illegal Mining
Russia’s Crypto Mining Registry: Crackdown on Rigs or State Overreach?
Russia’s National Crypto Mining Rig Registry: Regulation or Overreach? Russia’s cryptocurrency mining scene is a lawless frontier of epic proportions, and the Energy Ministry is stepping in with a bold plan: a national registry for every mining rig in the game. Designed to tackle illegal operations and rake in tax revenues, this initiative is stirring […]
Read MoreRussian Police Seize $88K in Bitcoin from Illegal Mining Exec in Amur Oblast
Russian Authorities Seize Bitcoin in Crackdown on Illegal Mining in Amur Oblast Russian law enforcement has taken a hard stance against illegal cryptocurrency mining, confiscating Bitcoin (BTC) worth approximately $88,570 (0.8414 BTC) from a former executive in Amur Oblast. This seizure marks a significant escalation in the country’s battle against illicit crypto activities, set against […]
Read MoreRussian Engineers Use Internet Cutoff to Bust Illegal Crypto Miners in Dagestan
Russian Power Engineers Crack Down on Illegal Crypto Miners with Ingenious Tactics In the battle against illegal cryptocurrency mining, Russian power engineers have developed a clever strategy to catch miners in the act, particularly in the North Caucasus region of Dagestan, where electricity theft has reached alarming levels. Innovative detection method used by Russian engineers […]
Read MoreRussian Prosecutors Bust Illegal Crypto Mining Operation in Siberian Orphanage
Prosecutors Uncover Illegal Crypto Mining Operation in Siberian Orphanage Russian prosecutors have made a startling discovery in the village of Kazachye, Bokhansky District of Irkutsk: a closed Siberian orphanage transformed into an illegal cryptocurrency mining farm. With 96 ASIC miners (Application-Specific Integrated Circuit miners designed for crypto mining) in operation, this incident underscores the persistent […]
Read MoreSiberian Power Firm Sues 400 Illegal Crypto Miners for $6.3M in Stolen Electricity
Siberian Power Firm Targets 400 Illegal Crypto Miners Stealing $6.3 Million in Electricity In the frosty Siberian region of Irkutsk, a battle rages between the local power supplier, Irkutsk Energosbyt, and a shadowy network of cryptocurrency miners accused of stealing $6.3 million in electricity. The power company is cracking down on these “gray” miners, who […]
Read MoreSiberian Power Company Fined $3,120 for Illegal Crypto Mining on Own Property
Crypto Miner-hunting Siberian Power Provider Finds Illegal Farm on Its Own Property A Siberian power provider in Irkutsk discovered an illegal crypto mining operation on its own property, shedding light on the ongoing battle against unauthorized mining in Russia. Illegal mining farm discovered on power company’s property in Irkutsk Power company fined and faces legal […]
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