Markets· ★★· neutral·

Dagestan Seizes Illegal 140-Unit Bitcoin Mining Farm

  • —The 140-unit farm consumed up to 0.5 MW, matching a mid-sized village
  • —It was found after equipment overheated at the Maidanskoye substation
  • —Dagenergo and Buyunak district police took part in the raid
  • —This is the fourth mining farm found in Maidanskoye this year
Why it matters: Illegal mining strains power grids and risks outages, and Russian authorities are stepping up efforts to crack down on such connections.
Source: Bits.media