600 Computers Seized in China Over Unlawful Bitcoin Mining

Home / 600 Computers Seized in China Over Unlawful Bitcoin Mining

Five people are under investigation of Chinese police for suspicion of the electricity theft. The bitcoin mining equipment was seized after the local power grid operator reported an abnormally high spike in electricity consumption. China is home for the majority of of the bitcoin hashrate due to inexpensive electricity, thus in 2017 50-70% of all BTC mining took place in China.

Leave a Reply

Your email address will not be published.