In a significant crackdown on illegal crypto mining activities, authorities in the Republic of Buryatia have dismantled a mobile mining farm that was causing substantial financial losses due to unauthorized electricity usage. The material draws attention to the fact that such operations not only harm the economy but also pose risks to the local power infrastructure.
Illegal Crypto Mining Operation Uncovered
The operation, which involved three local residents, saw a truck converted into a makeshift mining facility equipped with approximately 100 mining rigs. These individuals illegally tapped into the local power grid to fuel their operations, with the assistance of two accomplices.
Arrests and Seizures
Local police, in collaboration with the National Guard, have detained all five suspects and initiated a criminal case against them. In addition to the arrests, law enforcement officials seized mining hardware from their residences, with an estimated value of 65 million rubles.
Concerns Over Mobile Crypto Mining
This incident underscores a growing trend of mobile crypto mining operations in Russia, particularly in areas where traditional mining is restricted due to energy shortages. It raises concerns about the sustainability and legality of such practices.
Authorities recently dismantled an illegal mobile crypto mining operation in Buryatia, highlighting ongoing challenges in regulating such activities. For more details, see the full report here.
