Police In Saxony Arrested Multiple Suspects For Stealing Electricity For Crypto Mining

The Saxony police from the German city of Klingenthal have successfully arrested a group of people suspected of stealing electricity in order to mine cryptocurrencies and eventually open a mining farm according to the reports coming to our crypto news from Cointelegraph auf Deutsch.

The police officers tracked down a system of 49 computers that operated in a former electrical services company PGH Elektro and the mining farm was able to consume as much electricity as 30 households damaging the electricity supplier to about $220,000 EUR.

Most of the computers were equipped with special mining hardware with more than 80 graphics processing units. The police arrested five men during the raid and one woman for stealing electricity.

Stealing electricity for operating an illegal mining farm is not something we haven’t seen before. Back in December, a man from Taiwan was arrested of stealing electricity worth more than $3 million with the aim to mine bitcoin and Ethereum. He hired electricians to rewire the entire system in order to evade the electricity metering and detection.

Also, in October, a citizen from China was also sentenced to three years and six months in jail for stealing electricity from a train station to fuel his mining operations. The man claimed that he had stolen electricity from one of the factories at Kouquan Railway to power his 50 BTC miners.

Another case of electricity stealing was reported from Rivne, Ukraine when one of the employees of the national police was caught mining crypto at work for several months. The police confiscated his GPUs and two hard drives, his motherboard, and the entire computer system unit.