Web9 hours ago · Foreign-owned crypto mining companies are staking out Eastern Kentucky for cheap electricity, and the state’s major utilities want to give them discounted rates on their electric bills. WebYes, thieves and trashy people are still stealing electricity to mine in Europe. Just last month we had a cousin of a guy who works for EDF explaining here in the sub what his idiot cousin is doing (the French are idiots for still having that system in place - of all things Macron goes after because of "the free market", he lets that one pass), and not too long ago there was a …
Bitcoin mining operation busted for illegally stealing electricity
WebJul 18, 2024 · The Digiconomist's Bitcoin Energy Consumption Index estimated that one bitcoin transaction takes 1,449 kWh to complete, or the equivalent of approximately 50 days of power for the average US... WebFeb 25, 2024 · After a three-month investigation, police say the mine ran for eight months, racking up $17,492 in electricity. They identified Assistant Facilities Director Nadeam … smallfield ward east surrey
British cops raid suspected bitcoin mine that was stealing electricity
WebApr 14, 2024 · At Brazil's border with Paraguay, in Ciudad del Este, authorities have halted an alleged criminal cryptocurrency mining operation that may have caused thousands of dollars in energy theft. This is reported by the local Public Prosecution Service, which raided last Wednesday evening (12). Since the place was locked, officers broke… WebDec 12, 2024 · Mining is validating new blocks and gaining access to the coins within. Interestingly enough, since the blockchain has to be finite, it also means that most … WebJul 20, 2024 · July 20, 2024, 8:57 AM · 2 min read. Malaysian authorities have seized more than 1,000 bitcoin mining rigs and crushed them using a steamroller, according to local … small fiery mario