Binance Square

RussiaNews

362 views
2 Discussing
Kinza Maher
--
🚨 Massive Illegal Crypto Mining Operation Busted in Russia Authorities in Russia just uncovered a huge underground crypto mining farm — and it’s straight out of a movie. 😳 In the Krasnoyarsk Krai region of Siberia, a 30,000 sqm operation was secretly mining Bitcoin while illegally tapping into the power grid. The site, located in the town of Nazarovo, was disguised as a “non-residential building” in an industrial zone — but what was really going on inside was a full-scale crypto mine. ⚡ Here’s the Breakdown: The setup included dozens of transformers, generators, and cooling systems. It was reportedly generating ~$58,000/month in BTC. Barbed wire and a fake management front weren’t enough to hide the truth. 🔎 Authorities found: Unauthorized power connections Fire code violations Illegal use of government-owned land Fraudulent lease agreements Even after being warned, the operators didn’t stop — prompting prosecutors to step in with a court order to shut it all down. ⚠️ Why It Matters: The local energy provider noticed unusual grid instability and raised the alarm. Turns out, the illegal rig posed a real risk — potentially triggering blackouts in the area. Oh, and this isn’t the first time. Earlier this year, someone in the same region was caught taking bribes to cover up illegal mining — one setup alone had stolen ~$119K in power. With Krasnoyarsk now joining Irkutsk and Tatarstan as a crypto mining hotspot, it’s clear the crackdown is intensifying. 📍 Takeaway: Underground mining ops like this aren’t just illegal — they’re dangerous. From risking blackouts to violating safety laws, these rogue setups are on regulators’ radar more than ever. #CryptoMining #RussiaNews #IllegalMining #BTC #CryptoCrackdown #Web3Updates $BTC {spot}(BTCUSDT) $SOL {spot}(SOLUSDT)
🚨 Massive Illegal Crypto Mining Operation Busted in Russia

Authorities in Russia just uncovered a huge underground crypto mining farm — and it’s straight out of a movie. 😳

In the Krasnoyarsk Krai region of Siberia, a 30,000 sqm operation was secretly mining Bitcoin while illegally tapping into the power grid. The site, located in the town of Nazarovo, was disguised as a “non-residential building” in an industrial zone — but what was really going on inside was a full-scale crypto mine.

⚡ Here’s the Breakdown:

The setup included dozens of transformers, generators, and cooling systems.

It was reportedly generating ~$58,000/month in BTC.

Barbed wire and a fake management front weren’t enough to hide the truth.

🔎 Authorities found:

Unauthorized power connections

Fire code violations

Illegal use of government-owned land

Fraudulent lease agreements

Even after being warned, the operators didn’t stop — prompting prosecutors to step in with a court order to shut it all down.

⚠️ Why It Matters: The local energy provider noticed unusual grid instability and raised the alarm. Turns out, the illegal rig posed a real risk — potentially triggering blackouts in the area.

Oh, and this isn’t the first time. Earlier this year, someone in the same region was caught taking bribes to cover up illegal mining — one setup alone had stolen ~$119K in power.

With Krasnoyarsk now joining Irkutsk and Tatarstan as a crypto mining hotspot, it’s clear the crackdown is intensifying.

📍 Takeaway: Underground mining ops like this aren’t just illegal — they’re dangerous. From risking blackouts to violating safety laws, these rogue setups are on regulators’ radar more than ever.

#CryptoMining #RussiaNews #IllegalMining #BTC #CryptoCrackdown #Web3Updates $BTC
$SOL
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number