Crypto Mining Farm Uncovered in Russia’s Oldest Prison – Mining Bitcoin News

France Nouvelles Nouvelles

Crypto Mining Farm Uncovered in Russia’s Oldest Prison – Mining Bitcoin News
France Dernières Nouvelles,France Actualités
  • 📰 BTCTN
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

Deputy warden accused of mining cryptocurrency at a Moscow prison.

Russian law enforcement officials are investigating a crypto mining operation at Butyrka, Russia’s oldest prison. A deputy warden has been accused of stealing electricity to mint digital coins with the help of unidentified accomplices.A high-ranking representative of the management of Butyrskaya prison, in the Tverskoy District of central Moscow, is under investigation for setting up a crypto mining farm.

The investigators have so far established that the official, together with his accomplices who are yet to be identified, installed the mining equipment in November 2021. The rigs were extracting cryptocurrency until February of this year. During that period, the machines consumed almost 8,400 kW of electricity paid by the government at a total cost of more than 62,000 rubles . For this, the deputy warden is accused of “actions that clearly go beyond his powers, thereby significantly violating the legally protected interests of the society or the state.”

Crypto mining with subsidized and sometimes stolen electricity has become an attractive source of additional income for many Russians. Regions such as Krasnoyarsk Krai and Irkutsk Oblast, which have historically maintained low electricity rates for the population and public institutions, have become hotspots of the unauthorized activity.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

BTCTN /  🏆 531. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

First a Hum and Then a Bang –Niagara Falls Residents Forced to Reckon With Crypto MiningFirst a Hum and Then a Bang –Niagara Falls Residents Forced to Reckon With Crypto MiningThe city in New York has imposed a moratorium on new bitcoin mining operations as complaints about noise were compounded by an explosion and fire at a mining site last week.
Lire la suite »

China Can’t Seem to Stop Bitcoin MiningChina Can’t Seem to Stop Bitcoin MiningChina’s crypto mining crackdown in 2021 seemed to banish bitcoin miners from China. Turns out the miners just went underground. gckaloudis writes in this week’s Crypto Long & Short newsletter.
Lire la suite »

Mining companies back away from Brazil's Indigenous areasMining companies back away from Brazil's Indigenous areasSome of the world’s biggest mining companies have withdrawn requests to research and extract minerals on Indigenous land in Brazil’s Amazon rainforest, and repudiated Brazilian President Jair Bolsonaro’s efforts to legalize mining activity in the areas.
Lire la suite »

Bitcoin mining stock report: Friday, May 20Bitcoin mining stock report: Friday, May 20Here's how crypto mining companies performed on Friday, May 20.
Lire la suite »

What Is Cryptocurrency Mining? | Binance AcademyWhat Is Cryptocurrency Mining? | Binance AcademyCryptocurrency mining is the process of verifying blockchain transactions and creating new coins. You can mine PoW crypto like Bitcoin (BTC) and Litecoin (LTC).
Lire la suite »

What Is Cryptocurrency Mining? | Binance AcademyWhat Is Cryptocurrency Mining? | Binance AcademyCryptocurrency mining is the process of verifying blockchain transactions and creating new coins. You can mine PoW crypto like Bitcoin (BTC) and Litecoin (LTC).
Lire la suite »



Render Time: 2025-03-22 22:40:39