A large illegal crypto mining farm covering 30,000 square meters was shut down in Krasnoyarsk Krai, Russia. The operation was discovered due to reports of a high risk of power outages.
Overview of the Situation
The farm was located on state-owned land approximately 240 kilometers from Krasnoyarsk. According to official information from the prosecutor's office, extensive mining equipment was concealed at the site, including transformers and generators that were illegally connected to the city's power grid.
Violations and Government Actions
After receiving a report from the energy company, prosecutors confirmed that the operators lacked permission to use electricity and legal rights to occupy the property. The farm did not meet fire safety standards, posing significant risks. A district court banned all activities at the site until violations were rectified.
Crypto Mining in Russia
Krasnoyarsk Krai ranks among the top three regions in Russia for crypto mining. This incident highlights ongoing issues related to the regulation of crypto activities and the prevention of unauthorized electricity consumption in the country.
The closure of this large farm raises questions about crypto mining regulation in Russia and the need to combat illegal resource consumption.
