Mining Hardware Thief Gets 3-Year Sentence in Russia
mining

Mining Hardware Thief Gets 3-Year Sentence in Russia

THELOGICALINDIAN - Russian authorities accept advised a cardinal of cases involving the annexation of crypto mining accessories in the accomplished months A citizen of Yaroslavl has aloof been begin accusable of burglary mining accouterments account over 20240 and bedevilled to three years in prison

Russian Convicted of Stealing Mining Rigs Receives Prison Sentence

A 34-year-old man from the burghal of Yaroslavl, some 250 kilometers northeast of Moscow, has been begin amenable for the annexation of accessories for cryptocurrency mining. The hardware’s amount has been estimated at 1.6 actor rubles (almost $22,000), Forklog appear commendation an announcement by the bounded prosecutor’s office.

Mining Hardware Thief Gets 3-Year Sentence in Russia

Investigators were able to authorize that in February of this year the actor managed to access a friend’s barn area the accessories were deployed. He after approved to excellent agenda bill on his own but bootless to set up the accessories properly.

As the perpetrator accepted his guilt, the Zavolzhsky District Court gave him a abeyant book of three years with a three-year beginning period. The baseborn mining rigs accept already been alternate to the owner.

In the accomplished few years, cryptocurrency mining in basements, garages and homes has developed in acceptance in the Russian Federation as an added income source. And as it involves the use of almost big-ticket computer equipment, abomination involving the annexation of mining accouterments has added as well.

Earlier in August, neighbors blanket six rigs with 30 able video cards from a allowance acclimated by a crypto miner in Kursk. According to a address by the bounded account aperture Kurskie Izvestia, the accessories was admired at over 4 actor rubles (almost $55,000). The thieves face accessible imprisonment for up to seven years, the badge said.

A cardinal of agnate cases accept been appear in Irkutsk, Forklog noted. In June, law administration admiral bedfast a 21-year-old man accused of burglary mining accouterments account 120,000 rubles (over $1,600). He was arrested canicule afterwards badge busted a accumulation of several bodies amenable for the annexation of about two dozen mining rigs admired at 2 actor rubles (approximately $27,000).

With abounding of Russia’s regions accouterment admission to bargain electrical activity and air-conditioned altitude conditions, the country has about 6.84% of the all-around hashrate, according to a contempo report. Household electricity ante are additionally lower in allegory with the tariffs in abounding added countries which makes home crypto mining profitable.

Do you anticipate abomination targeting crypto miners is on the acceleration in Russia? Share your thoughts on the accountable in the comments area below.

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