Home Bitcoin News Bitcoin Mining Cops and TNB smash Bitcoin mining power thieves

Cops and TNB smash Bitcoin mining power thieves

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Bitcoin miners use electrical energy price a whole bunch of 1000’s of ringgit for his or her operations. (Bernama pic)

GEORGE TOWN: Police and Tenaga Nasional Berhad (TNB) carried out an built-in operation to efficiently clamp down on the theft of electrical energy provide by a bunch conducting Bitcoin mining actions at 4 premises close to right here, yesterday.

Penang CID chief SAC Rahimi Mohd Ra’ais mentioned six males, aged between 28 and 51, had been nabbed for stealing electrical energy by making unlawful connections with out going by way of a meter and never being registered with TNB in an operation in Taman Seri Delima and the Juru Jaya Enterprise Centre, Bukit Mertajam, from 4 pm.

“Police, with TNB, raided the 4 shophouses following intelligence and monitoring and located unlawful connections in any respect 4 premises.

“Police additionally seized quite a few tools, together with 322 Bitcoin mining machines, cellphones (5), laptops (three) modem (seven), a whole bunch {of electrical} cables and two vehicles,” he mentioned in a press release.

Rahimi mentioned preliminary investigation discovered the two-storey and three-storey premises had been used for the exercise since a yr in the past, inflicting a whole bunch of 1000’s of ringgit in losses month-to-month to TNB.

“Usually, such syndicates will search two- and three-storey enterprise premises earlier than conducting their actions on the high ground to keep away from detection as a result of the method emits a loud noise,” he mentioned.

Rahimi mentioned two of the six males had felony data, with three of them being remanded for 3 days and the remainder for 4 days.

He mentioned the case was being investigated underneath Part 379 and 427 of the Penal Code.

It’s understood that every of the premise house owners may reap a whole bunch of 1000’s of ringgit every month from bitcoin mining actions.

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