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Nalezeno "illegal crypto mining": 38

Russian Power Company Reports $14 Million Loss Due to Illegal Crypto Mining


Russian power company Rosseti suffered over $14 million in losses in 2024 due to illegal crypto-mining operations, which have led to network congestion, equipment damage, and criminal investigations. Unauthorized Crypto Mining Results in Heavy Losses For Rosseti Russian electricity provider Rosseti...

Iran Escalates Crackdown on Illegal Crypto Mining Amid Severe Power Crisis


Iran is aggressively cracking down on illegal cryptocurrency mining as the nation faces a severe power crisis exacerbated by an intense heatwave. Iranian authorities claim that unauthorized crypto mining has significantly strained Iran’s power grid, leading to widespread industrial...

Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Years


Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local media reported. Despite the government’s crackdown, illegal crypto mining continues to account for a serious amount of energy consumption, official figures suggest....

Several Crypto Mining Operations Busted in Russia


Authorities and power utilities in various Russian regions have shut down illegal crypto mining farms, seizing hardware and taking operators to court. The action against the coin minting facilities comes amid discussions on a proposal to introduce criminal liability for miners breaking the upcoming...

Daily Raids on Crypto Farms as Abkhazia Intensifies Mining Crackdown


Authorities in Abkhazia are stepping up efforts to clamp down on cryptocurrency mining amid electricity shortages in the winter months. The government of the breakaway Georgian region announced it’s also taking measures to prevent imports of mining equipment. Abkhazia Creates Headquarters to Combat...

Iran Returns Seized Crypto Mining Equipment to Miners


A government body responsible for state property in Iran has released some of the hardware seized from illegal crypto mining farms. Its top executive explained the agency was obliged to do that by courts in the Islamic Republic, where unlicensed miners have been blamed for power shortages....

Ukrainian Tailor’s Shop a Front for Illegal Crypto Mining Farm


A tailor’s shop in Kovel, Ukraine, has been exposed as a front for an illegal crypto mining operation. Its masterminds connected their rigs to the local power grid – and stole electricity to power their efforts.... Read More: Ukrainian Tailor’s Shop a Front for Illegal Crypto Mining Farm

9,404 Crypto Mining Devices Seized by Iranian Authorities Since March


Iranian authorities have seized nearly 10,000 illegal cryptocurrency mining devices since March. According to reports, many of the seized crypto mining rigs were operating in public locations that receive free or heavily-subsidized electricity, such as schools and mosques. Iran Confiscates Nearly...

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