According to reports Russian police have seized around 2,700 crypto mining equipment from a site in 0 after a months-long probe into unusually low meter 1 haul included banks of machines fans and other cooling gear and the authorities say they also took away two 2 Crypto Mining Rigs Seizure In 3 Investigators say the operation started after energy inspectors noticed inconsistencies between recorded meter figures and actual power 4 site had been connected to the grid since March 5 ran
according to officials until August 6 say three unnamed 7 residents had originally signed a contract to connect a commercial property to the grid more than seven years 8 released video of the raid on a ministry Telegram 9 footage shows police forcing open locked containers and pushing a man to the floor as they searched the 10 one container rows of active machines could be seen with fans running and cooling systems in 11 rooms held hundreds more 12 Tampering And Charges Based on reports from the Interior Ministry
investigators believe the suspects used technical knowledge of the power grid to alter meter readings so the utility would show much lower consumption than was actually 13 suspects behind the illegal crypto mining rig operation were placed in custody and charged with causing “property damage by deception or abuse of trust,” prosecutors 14 ministry has not released an estimate of how much electricity was taken or the financial value of the 15 also did not say which digital coins were being mined at the 16 added they are still looking for possible accomplices linked to the 17 Networks Found In Other Regions This seizure follows similar discoveries across Russia and territories under Moscow’s 18 mid-September
authorities uncovered an illegal cluster in what Moscow calls the Donetsk People’s Republic where operators had connected 25 rigs directly to the grid bypassing 19 reported damage estimated at 14 million rubles ($170,633) for that 20 other areas hidden setups have appeared underground or inside trucks and 21 mentioned by officials include Dagestan parts of the North Caucasus and Southern Siberia — places where cheap or poorly monitored power has sometimes attracted clandestine 22 image from Protos
chart from TradingView
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