Express

Police Seize 3 Transformers Stealing Enough Energy To Power Over 5,000 Households Per Day.

Janelle Fox

Summary: Police in Tangshan, a city in China’s northern coastal province of Hebei, have seized three privately installed high-power electricity transformers that were illegally directing stolen electricity to mining machines. The electricity was being directed to 790 Bitcoin mining machines in an adjacent village. Police not only seized the transformers but the mining machines as well. ...

Police in Tangshan, a city in China’s northern coastal province of Hebei, have seized three privately installed high-power electricity transformers that were illegally directing stolen electricity to mining machines.

The electricity was being directed to 790 Bitcoin mining machines in an adjacent village. Police not only seized the transformers but the mining machines as well. Police claim the amount of electricity stolen was enough to power over 5,000 households per day.

By Janelle Fox

Last Update:

Tags: ,,,
Link: Police Seize 3 Transformers Stealing Enough Energy To Power Over 5,000 Households Per Day.   [Copy]
Next:

Related Articles

  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... 19 hours ago
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 15 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 22 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 26 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 29 days ago

    • You need to login to comment.