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The Irkutsk regional prosecutor's office in Bohan seized an illegal cryptocurrency mining farm in a three-story orphanage in the village of Kazachiye, where law enforcement officials seized 96 mining equipment. The building was a closed educational institution. A non-profit organization operated the mine without permission, violating electricity and fire safety regulations, failing to maintain equipment or install a fire alarm system. The court ruled to remove all mining equipment and stop the i...
According to Tim Alper, Siberian electricity company Irkutsk Energosbyt plans to file a lawsuit against about 400 illegal cryptocurrency miners who are accused of "stealing" $6.30 million worth of electricity from the grid. The company said the miners were illegally using electricity for crypto mining, particularly by installing energy-intensive mining equipment on garages, private homes, apartment balconies and garden plots, resulting in increased load on the household power grid and possible a...
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