Grand Theft Rigs: Icelandic Police Lookup for 600 Stolen Bitcoin Miners

Icelandic police bitcoin miners

Get Investing Suggestions and Go through Assessment on for just $39 for each month.

Pursuing a sequence of thefts involving hundreds of bitcoin miners, Icelandic law enforcement are investigating what is reportedly the major thieving spree ever in the island nation.

The Affiliated Push is reporting a earlier under-wraps spate of thefts in December and January wherein some 600 bitcoin miners ended up stolen in four individual burglaries. Now found as the ‘Big Bitcoin Heist’ by Icelandic media, the estimated price of the stolen gear is practically $2 million.

An ongoing investigation has already resulted in 11 arrests which include a stability guard for what is thought to be an structured crime major to the largest thefts ever observed in Iceland.

Police commissioner Olafur Helgi Kjartansson of Iceland’s southwestern Reykjanes area where two of the burglaries took spot said:

“This is a grand theft of a scale unseen before. Every little thing factors to this staying a extremely organized criminal offense.”

In accordance to a report by regional information source Visir, the whole haul sees 600 graphics cards, 100 electric power resources, 100 motherboards, 100 memory discs and 100 CPUs stolen as a end result of the thefts.

Iceland is dwelling to some of the world’s most flourishing bitcoin mining ecosystems because of to the country’s abundance of vitality in geothermal and hydroelectric electrical power vegetation and cold temperatures that are conducive for substantial-scale mining functions. A flurry of mining functions moving into the island country has observed neighborhood politicians increase the likelihood of taxing crypto mining routines.

Icelandic law enforcement saved the heists under wraps right until past thirty day period, reportedly in the hopes of catching the burglars. For now, police have reportedly signaled net vendors, electricians and storage place providers to report any ‘unusual requests’ for energy. Authorizes are also monitoring ability intake across Iceland in the hopes of nabbing the robbers when recognizing a spike.

Showcased graphic from Shutterstock.


Leave a Reply