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Mining Cryptonews

Russia: Illegal Crypto Miner ‘Stole $225,000 From Grid’

An illegal crypto miner in Russia caused “considerable damage” to a local grid and stole around $225,000 worth of electricity, a power provider has claimed. Per the Russian legal publication Pravo, the miner allegedly si...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Russia: Illegal Crypto Miner ‘Stole $225,000 From Grid’
An illegal crypto miner in Russia caused “considerable damage” to a local grid and stole around $225,000 worth of electricity, a power provider has claimed.
Per the Russian legal publication Pravo, the miner allegedly siphoned off electricity from the grid in Yuzhno-Sakhalinsk, in the Sakhalin Oblast (in the Russian Far East)....
Read More: Russia: Illegal Crypto Miner ‘Stole $225,000 From Grid’

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This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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