In line with a recent report by a native news source ‘FreiePresse‘, Police officials have arrested a group of suspects for stealing electricity to operate a crypto mining farm in Saxony, Germany.
Police officers reportedly traced down a system consisting 49 computers operating within the premises of former electrical services company named PGH Elektro. Since from 2017, this illicit crypto mining farm has reportedly consumed electricity of around as much as 30 households, with the damage for the affected electricity provider of around $250,000 USD.
As per the ‘report‘, 30 out of 49 computers were equipped with dedicated crypto mining hardware, with a total of around 80 GPU’s [graphics processing units]. Throughout the raid, the police reportedly arrested 5 men and one women for stealing electricity for illicit crypto mining activity.
Earlier in Dec., a Taiwanese man suspected of ‘stealing electricity‘ valued over $3 Mln for mining Bitcoin [BTC] and Ethereum [ETH] was held in remission. The suspect was charged of allegedly stealing the electricity to mine cryptocurrencies valued over $14.5 Mln. The accuser reportedly employed electricians to wire the premises in such a way so as to evade electricity metering and detection of the stolen power.
In October, a Chinese individual was sentenced to around three and a half years in jail for stealing power from a train terminal to fuel his Bitcoin [BTC] crypto mining operations. Xinghua, the accuser was aforesaid to have stolen power from one of the factories at Kouquan Railway back in the month of Nov. and Dec. in 2017 to power his fifty Bitcoin [BTC] miners along with his three electrical fans all time.
In May, employees of the native headquarters of the National Police in Rivne, Ukraine, were caught for allegedly mining cryptocurrencies at work after four months. A regional bureau investigator reportedly confiscated a total of 8 GPUs, six power units, 2 hard drives, a motherboard, and a full computer operating unit.