A new case of power theft by miners in Buryatia has been reported, with police seizing a truck loaded with 95 crypto-mining rigs tapped into the electrical grid.
Sixth Incident of Power Theft in Buryatia
Recently, Russian law enforcement seized a KamAZ truck filled with 95 cryptocurrency mining rigs. The improvised mining farm was located near a substation and was drawing electricity directly from the power grid, bypassing meters. This incident marks the sixth case of power theft in Buryatia this year. Authorities are intensively investigating mobile setups hidden in trucks, barns, and other covert installations.
Reasons Behind the Rise in Power Theft by Miners
Miners resort to stealing electricity for several reasons:
* **High electricity costs**: The cost of utilities is steep, and stealing electricity helps preserve profits. * **Regulatory pressures**: Increasing electricity rates and anti-mining campaigns are forcing many operations underground. * **Flexibility & anonymity**: Mobile rigs make detection and shutdown more challenging.
Implications for Crypto Mining Regulation
Authorities in Russia are actively working to locate, raid, and prosecute illicit mining operations. The recurring incidents involving KamAZ trucks highlight how miners are adapting to circumvent regulations. Expect more police checkpoints and grid-monitoring measures, especially in hotspot areas like Buryatia.
The situation regarding illegal mining in Buryatia continues to raise concerns among authorities, and unless legal options become more viable, the pressure towards illicit setups is likely to increase.
