Security· ★★★· bearish·

Mexico uncovers secret mountain mining farm, electricity theft suspected

  • 1,032 pieces of equipment seized, including about 300 GPUs and 8 satellite antennas
  • This is the fourth mining farm found in the region since the start of 2025
  • Prosecutors are investigating electricity theft; no arrests made
  • According to Chainalysis, illicit addresses received $154 billion in 2025, up 162% year-on-year
Why it matters: The rise in illegal mining and crypto crime is increasing pressure on regulators and energy companies.
Source: CoinDesk Japan