Owing millions of dollars in unpaid fees and still mining—this mining farm boss is really treating the power grid like free wool, stripping it clean until it’s bald.

Crypto World News reports that, according to Bits Media, about 300 suspected cryptocurrency mining devices were found inside a substation in Novorossiysk, Russia. The power company TNS Energo Kuban said that the substation is owned by an entrepreneur, and that electricity payments have been stopped since April 2025; as of June 1, 2026, the unpaid balance has exceeded 77 million rubles (about $1.05 million). The power company said that large-scale mining farms could lead to power grid overload and reduce the reliability of electricity supply to other users, and that Russian law enforcement agencies have already gotten involved.