Paraguay to Strengthen Measures to Fight Illegal Cryptocurrency Mining

Paraguay to Strengthen Measures to Fight Illegal Cryptocurrency MiningThe Government of Paraguay will strengthen the measures directed to combat the illegal cryptocurrency mining operations in the country. In a recent meeting, ANDE, the National Power Administration, the Supreme Court, and the Department of Justice, agreed to deal with these crimes swiftly given the damages they cause to the Paraguayan power grid. Paraguay Prepares […]

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New York IT Supervisor Faces up to 15 Years in Jail for Mining Bitcoin in the Office

New YorkA New York IT supervisor is facing a possible sentence of up to 15 years in jail for mining bitcoin in the office. The man, identified as Christopher Naples, allegedly had hidden 46 mining rigs in the offices of the Suffolk County Center in Riverhead, New York. According to the investigation, 10 of these rigs […]

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UK Police Raid Alleged Cannabis Farm, Finds Bitcoin Mining Facility Stealing Power

UK policePolice from the UK executed a raid in an industrial unit in the West Midlands county expecting to find a cannabis farm, but instead found a big bitcoin mining facility, that was coincidentally bypassing the controls from the local power utility company to siphon energy from the main grid, stealing thousands of pounds in the […]

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Malaysian Police Bust Gang That Stole $2.15 Million Worth of Electricity to Mine Bitcoin

Malaysian Police Bust Gang That Stole $2.15 Million Worth of Electricity to Mine BitcoinPolice in Malaysia’s Jahor state have busted a seven-men gang that stole 8.6 million Malaysian ringgits ($2.15 million) worth of electricity to mine bitcoin and other cryptocurrencies. ● Police said they seized 1,746 bitcoin (BTC) mining machines across 21 premises in raids carried out between Feb.15 and Feb.16, the Malay Mail reported. The miners are […]

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