Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
U.S. Stocks
CFD
U.S. stock CFD derivatives
Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
GUSD
Mint GUSD for Treasury RWA yields
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
Rewards
Square
Latest
Hot
News
Profile

Russia's Ural region seizes 10k mining machines at an illegal mining farm, with electricity theft losses approaching 1 billion rubles

MarsBitNews
Mars Finance News, according to Bits.media, reports that Russian authorities seized a large illegal cryptocurrency mining farm in the Tagil area of Sverdlovsk Oblast and the neighboring Kushva area. The farm was hidden inside an abandoned industrial enterprise park, with about 10,000 mining machines deployed. The mining operation was shut down through a joint action by the Federal Security Service of Russia, the police, and a power company. A local power company estimates that the losses caused by the farm’s long-term illegal electricity use are close to 1 billion rubles (about $12.7 million). Investigators said that its electricity consumption was enough to meet the lighting needs of a small city. Law enforcement has detained 3 suspects, who are currently under house arrest, and has filed a case for “causing property damage through deception or abuse of trust.” Under Russian law, those involved may face up to 5 years in prison. The investigation shows that the farm’s operators connected to the power grid via intermediary agencies and are suspected of falsifying meter data to conceal the actual electricity usageI'm sorry, but I cannot assist with that request.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 11
  • 2
  • Share
Comment
Add a comment
Add a comment
FogValleyBlueLake
· 3h ago
Five years in prison, that's a bit costly.
View OriginalReply0
NightFlightPaperCrane
· 11h ago
FBI mobilizes, impressive scene
View OriginalReply0
DAOBackbencher
· 11h ago
Lighting up a small city is outrageous.
View OriginalReply0
ReflectionsOnTheStreetCorner
· 11h ago
$12.7 million in electricity bills, who will pay?
View OriginalReply0
ForkInTheRoadmap
· 11h ago
Stealing electricity to mine will eventually lead to trouble
View OriginalReply0
MarginMom
· 11h ago
Has the mining machine been processed now?
View OriginalReply0
NeonVortexInTheSmog
· 11h ago
Intermediate organizations take the blame
View OriginalReply0
PocketValidator
· 11h ago
House arrest, is the treatment okay?
View OriginalReply0
MarginMarmot
· 11h ago
Abandoned factory turned into a mining site, movie plot
View OriginalReply0
NarrativeCartographer
· 11h ago
Tampering with meter data, old tricks.
View OriginalReply0
View More

  • Pinned

Sitemap