News list for "Siberia"

Russian law enforcement has seized an illegal crypto mining operation at an orphanage in Siberia

The Irkutsk regional prosecutor's office in Bohan seized an illegal cryptocurrency mining farm in a three-story orphanage in the village of Kazachiye, where law enforcement officials seized 96 mining equipment. The building was a closed educational institution. A non-profit organization operated the mine without permission, violating electricity and fire safety regulations, failing to maintain equipment or install a fire alarm system. The court ruled to remove all mining equipment and stop the i...

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2025-03-14 02:44:17
Siberian Electric Power plans to prosecute 400 "illegal" crypto miners

According to Tim Alper, Siberian electricity company Irkutsk Energosbyt plans to file a lawsuit against about 400 illegal cryptocurrency miners who are accused of "stealing" $6.30 million worth of electricity from the grid. The company said the miners were illegally using electricity for crypto mining, particularly by installing energy-intensive mining equipment on garages, private homes, apartment balconies and garden plots, resulting in increased load on the household power grid and possible a...

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2025-01-21 02:07:09