Bulgarian Electricity Company Unveils Details of Historic Power Theft Linked to Illegal Bitcoin Mining
mining

Bulgarian Electricity Company Unveils Details of Historic Power Theft Linked to Illegal Bitcoin Mining

THELOGICALINDIAN - One of the better exporters of electricity in Europe has appear capacity of the best cogent annexation they accept had in history affiliated to a massive actionable bitcoin mining acreage in a baby Bulgarian village

Bulgarian Electricity Company Uncovers Massive Electricity Theft Linked to Illegal Bitcoin Mining

According to Vesti, CEZ Group and badge in Bulgaria started administering investigations on Dec. 12 in the apple of Herakovo, city of Bozhurishte, due to growing letters of anomalies in the electricity supply.

What the authorities found, the address said, was that a massive bitcoin mining acreage was clarification about the absolute medium-voltage arrangement of the electricity company, as the miners installed transformers in a architecture that powered over 1,000 ASIC machines to abundance crypto.

The badge rapidly traced the agent of the anomalies. They bedeviled the absolute actionable mining infrastructure, whose bulk of ability baseborn was “equivalent to the electricity accumulation for about 4,250 families for a month”, authoritative it the better one in its history.

The bounded media aperture declared that the Ministry of Interior has already abiding pre-trial affairs to accompany bent accuse adjoin the operators, after accouterment added details.

Illegal Crypto Mining Background in Bulgaria

Bulgaria is no drifter to account accompanying to actionable cryptocurrency mining operations. On Aug. 14, two men were detained in Kyustendil’s baby boondocks affiliated with addition massive annexation of electricity account $1.5 million, acclimated for mining BTC.

At that time, assembly from the Oblast Directorate of the Ministry of Interior Affairs (ODMVR) and CEZ Group declared that the two Bulgarian individuals blanket the ability accumulation for three to six months.

As allotment of an all-embracing law administration operation involving Europol, 20 individuals doubtable of acceptance to the QQAAZZ bent arrangement were arrested on Oct. 15. They are accused of bed-making tens of millions of euros on account of the organization, and during the proceedings, bitcoin mining accessories was bedeviled in Bulgaria.

What do you anticipate about the beachcomber of actionable bitcoin mining operations in Bulgaria? Let us apperceive in the comments area below.

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