G7finance.com - Crypto Currency Updates logo G7finance.com - Crypto Currency Updates logo
Cryptopolitan 2019-07-12 13:35:58

Chinese police seize nearly 4,000 illegal mining hardware

Chinese law enforcement in Zhenjiang, Jiangsu province have arrested 22 suspects reportedly involved in the illegal mining of cryptocurrencies at the expense of as many as nine factories in the city. According to the report, the criminals were detected after the local energy agency reported an abnormal spike in energy consumption in the region, totalling to a surplus of nearly $3 million worth of power. The police have currently seized 4,000 BTC miners from these factories and are now continuing the investigation on the suspects to find out just how much BTC they’ve mined in the process. Even if the

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer