Chinese Police Seize 600 Bitcoin Mining Computers over Electricity Theft


Chinese Police in the northeastern port city of Tianjin have reportedly confiscated 600 bitcoin mining computers in a case of alleged electricity theft. The bitcoin mining equipment was seized after the local power grid operator reported an abnormally high spike in electricity consumption, China’s state-owned press agency Xinhua reported on Wednesday. The power company observed

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Posted by Samburaj Das on April 25, 2018 @ https://www.ccn.com/chinese-police-seize-600-bitcoin-mining-computers-over-electricity-theft/

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