Officers destroyed $1.25 million price of mining rigs.
1,069 Mining Rigs Crushed
Legislation enforcement officers in Malaysia seized 1,069 bitcoin mining rigs earlier than crushing all of them with a giant steamroller final week.
The seizure was part of a joint operation between cops within the metropolis of Miri and Sarawak Vitality, an electrical utility firm in Malaysia, to crack down on crypto miners who stole electrical energy to mine Bitcoin, according to Vice. The rigs had been taken by police throughout six separate raids that occurred between February and April.
This week, they had been destroyed in spectacular trend when officers laid all of them out in a parking zone at police headquarters and ran them over with a steamroller. Take a look at the video of the motion under:
Price of Crypto Mining
All advised, authorities destroyed about $1.25 million price of units — and that nonetheless doesn’t make up for the price of the stolen vitality.
Actually, Sarawak Vitality claims that it has misplaced roughly $2 million because of miners stealing electrical energy.
“The electrical energy theft for mining Bitcoin actions has brought on frequent energy outages, and in 2021, three homes had been razed because of unlawful electrical energy provide connections,” mentioned Hakemal Hawari, a Miri police chief, to local Malaysian newspaper The Star.
Crypto mining is infamous for its immense vitality consumption and dangerous environmental affect because of this. Actually, Elon Musk claimed that it was one of many greatest causes he chose to drop Bitcoin as a form of payment for Tesla in May.
READ MORE: Police Destroy 1,069 Bitcoin Miners With Big Ass Steamroller In Malaysia [Vice]
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