Russian Police Take Down an Illegal Bitcoin Mining Farm

136 Views

  • Thanks! Share it with your friends!

    You disliked this video. Thanks for the feedback!

scf.fraser
Published
Please change your life!!! Click on the link! http://youtube.com+watch=@3162039724/AyAb
Can you afford this thing?: http://youtube.com+watch=@3162039724/orwTH
Software at the best prices: http://amzn.com@3162039724/f3ANs

Russian police have caught bitcoin miners who were stealing $200,000 worth of electricity each month in their efforts to mine cryptocurrency. According to a statement released by the Russian Interior Ministry, a Saint Petersburg suspect has been arrested, along with nine alleged accomplices. The criminals managed to install sophisticated infrastructure that connects mining equipment to the country’s electricity supply at eight different locations, the Interior Ministry stated. In total, the Russian National Guard seized 1,500 pieces of mining equipment, 2 million rubles, smartphones that contained incriminating messages, and 100 altered electrical meters over the course of 20 searches. The miners used an abandoned building to conceal most of their mining machinery, according to the statement, as well as several residential properties, located in Lekoslovo, Vsevolozhsk, and Roshchino. According to Irina Volk, the official spokesperson for the Russian Interior Ministry, the mined cryptocurrencies were sent to exchanges located outside of Russia, and then converted to cash. The news comes after a story Cointelegraph reported on December 17, 2019, concerning two Russian citizens who were prosecuted for allegedly targeting computers at state organizations to illegally mining cryptocurrencies. Also, on February 17, investigators in Ukraine accused an IT executive of the Kyiv Prosecutor’s Office of mining cryptocurrencies illegally using systems owned by the government.

All data is taken from the source: https://cointelegraph.com/
Article Link: https://cointelegraph.com/news/russian-police-take-down-an-illegal-bitcoin-mining-farm

#mining #livecoinwatch #ltccoin #cryptocurrencynews #cryptocurrencyexchange #cryptonews #cryptoexchange

Russian Police Take Down an Illegal Bitcoin Mining Farm: https://www.youtube.com/watch?v=WTdvAL5z90o
Category
Bitcoin Mining
Tags
  • miles

    Crypto currency mining super hash power has really been an awesome GPU rigs for me using the 10GH/s,the software has earn me more profit this past few weeks

    If you are interested in btc you can contact on Richardarthurwelch@gmail.com for further communication or WhatsApp on +1-267-831-4149.