Bitcoin mining machines steamrolled by Malaysia police Close Police in the Malaysian state of Sarawak recently found themselves saddled with 1,069 Bitcoin mining machines
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Malaysian cops seized and destroyed 1,069 bitcoin mining rigs by crushing them with a steamroller -- after the miners allegedly siphoned off almost $2 million worth of electricity to power the
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Malaysia police reportedly seized 1,069 mining rigs from miners Bitcoin mining rigs were crushed by the Malaysian police with a steamroller, Bitcoin price in India stood at Rs. 22.23 lakhs.
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Malaysia police reportedly seized 1,069 mining rigs from miners Bitcoin mining rigs were crushed by the Malaysian police with a steamroller, Bitcoin price in India stood at Rs. 22.23 lakhs.
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Over 1,000 bitcoin mining machines have been totally destroyed in Malaysia after they were seized for illegally mining the cryptocurrency using stolen electricity. The mining machines, worth about
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Malaysia is literally crushing thousands of illegal Bitcoin miners. It’s unclear why authorities outright destroyed the miners rather than attempting to reap some value, but they could still be sold for scrap. Authorities in Malaysia destroyed more than $1.2 million worth of Bitcoin mining rigs after they were confiscated for operating illegally.
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How do authorities dispose of confiscated cryptocurrency mining rigs? In a city in Sarawak, Malaysia, authorities got rid of 1,069 rigs at once by crushing them with a steamroller, Vice reports.
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1,069 Mining Rigs Crushed. Law enforcement officials in Malaysia seized 1,069 bitcoin mining rigs before crushing them all with a big steamroller last week. The seizure was a part of a joint
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Malaysia Has No Love For “Dirty” Bitcoin. In a new video release, Malaysian police are reportedly crushing 1,069 ASIC miners using a steamroller. The market value of the digital-gold digging
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As the video above shows, 1,069 Bitcoin mining rigs were laid out on a parking lot at police headquarters before a steamroller was used to crush them. Although a very effective way to ensure they never mine Bitcoin again, hopefully the materials get separated the recycled—a task that surely would have been made easier by not crushing them first.
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According to Sarawak Energy, this is the largest electricity theft involving cryptocurrency mining in Sarawak to date. It was reported that the discovery was made after a public tip-off leading the authorities to find over 1,200 cryptocurrency mining machines which are worth about RM1.74 million along with computer accessories and modems in an unoccupied factory.
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1,069 Mining Rigs Crushed. Law enforcement officials in Malaysia seized 1,069 bitcoin mining rigs before crushing them all with a big steamroller last week. The seizure was a part of a joint
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In Malaysia, that''s resulted in a lot of mining rigs being seized and destroyed in a very public way. As CNBC reports, local police received a tip that Bitcoin miners were stealing electricity
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How do authorities dispose of confiscated cryptocurrency mining rigs? In a city in Sarawak, Malaysia, authorities got rid of 1,069 rigs at once by crushing them with a steamroller, Vice reports
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Malaysia is literally crushing thousands of illegal Bitcoin miners. It’s unclear why authorities outright destroyed the miners rather than attempting to reap some value, but they could still be sold for scrap. Authorities in Malaysia destroyed more than $1.2 million worth of Bitcoin mining rigs after they were confiscated for operating illegally.
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According to the Cambridge Center for Alternative Finance, it is estimated that Malaysia accounts for 3.44% of all the world''s Bitcoin miners, making the country a top 10 mining destination on the planet. As of today, 21 July, Bitcoins price was down by 1.36% to USD29,800.
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