China: Locals Allegedly Laying Cable via Fish Ponds to Steal Oil Well Power for BTC Mining

Police in China have reportedly accrued proof of other folks laying cables by way of fish ponds to thieve oil smartly energy to gasoline their bitcoin (BTC) mining. The scoop was once reported via day-to-day Chinese language tabloid The International Occasions on June 13.

The International Occasions is revealed below the auspices of state-backed newspaper workforce The Folks’s Day-to-day.

The file outlines that the Inexperienced Grassland Police Station of the Qiqihar District Public Safety Bureau had been alerted to the alleged energy robbery after receiving a choice from the pinnacle of oil manufacturing at Daqing Oil Box — the biggest oil box in China, situated in Heilongjiang province.

In an effort to examine the allegation, police reportedly carried out an airborne investigation the usage of drones throughout a two kilometer space, and ostensibly accrued enough proof to build a felony case.

The International Occasions does now not supply main points as to the suspected individuals concerned, nor into the dimensions of the alleged electrical energy robbery.

In October 2018, a Chinese language citizen was once sentenced to 3 and a part years in prison for stealing energy from a educate station to gasoline his bitcoin mining operations.

In Taiwan, in December of ultimate yr, a citizen was once arrested after being accused of electrical energy robbery to mine bitcoin and ether (ETH) value over 100 million yuan ($14.five million).

This February, a bunch of suspects had been arrested within the German town of Klingenthal, Saxony, after being accused of stealing over $three million value of electrical energy to perform a cryptocurrency mining farm.

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