Hardware Worth $1.9 Million Stolen in Russia’s Crypto Mining Capital – Mining Bitcoin News
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Hardware worth $1.9 million stolen in Russia's crypto mining capital Irkutsk Oblast. Around 100 people have suffered losses from their actions. Russian police are now looking for the fraudsters who defrauded clients and stole their expensive hardware. Russia is planning to legalize crypto mining which can benefit from its abundant energy resources and cool climate. Earlier this year, local electricity suppliers complained about a surge in power consumption in residential areas, which was blamed on home mining. Russian media reports have revealed that planes with second-hand mining equipment from China, which cracked down on the industry in May 2021, have continued to arrive. Source