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Novaya

The police in Dagestan, Russia, raided an underground illegal cryptocurrency mining operation and seized 17 devices

ChainCatcher news, according to Cryptonews, the police of Dagestan, Russia, in conjunction with energy officials, conducted a raid on an underground cryptocurrency mining hideout located in Makhachkala, discovering 17 mining devices. A video released by the cabinet shows these devices operating in a small space several meters underground.Officials stated that the mining site was operated by "electricity thieves," and miners have begun establishing underground mines and mobile mining units in multiple locations.Additionally, these illegal mining activities caused a fire at the local 110 kV Novaya substation, resulting in power outages in parts of the capital for several days. The government will allocate approximately 3 billion rubles (about 32.5 million USD) for the repair of the damaged energy facilities.
2024-09-26
Russia Dagestan
illegal cryptocurrency mining site
mining site
Novaya
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