1️⃣A massive illegal crypto mining operation has been shut down in Russia's Krasnoyarsk region — and it’s one of the biggest in recent memory.
We’re talking about a 30,000 sqm farm stealing power, risking blackouts, and hiding in plain sight. 😳
2️⃣📍 Located in the industrial town of Nazarovo, Siberia
⚙️ The site was packed with generators, transformers, cooling systems — all running 24/7 to mine Bitcoin
💸 Earning over $58,000/month — illegally.
3️⃣Despite being surrounded by barbed wire, the building was registered as a “non-residential property” — but inside?
A full-blown mining farm, illegally hooked into the state power grid.
4️⃣👮 Investigators discovered:
Stolen electricity
Fire safety hazards
Fake leasing documents
State land misuse
Repeated violations despite legal warnings
5️⃣💣 More shocking:
The local energy company noticed unstable power surges and tipped off prosecutors.
This one operation was consuming so much energy, it threatened citywide blackouts ⚠️
6️⃣And it’s not the first time.
🧑💼 In February, an energy staffer was caught taking bribes to ignore illegal rigs.
Those rigs alone stole $119,000 worth of BTC in electricity!
7️⃣🔥 Krasnoyarsk is now one of Russia’s top 3 crypto mining hotspots, along with Irkutsk and Tatarstan — but regulators are cracking down HARD.
Unlicensed mining = serious crime.
8️⃣💡 Why It Matters:
Illegal mining isn’t just “extra income” — it’s:
Risking blackouts
Damaging infrastructure
Endangering lives
And gaming the system
Governments are no longer looking the other way. 👀
9️⃣🗣️ What do YOU think?
Should authorities have tighter control over crypto mining?
Or is this too harsh?
👇 Drop your opinion below — let’s discuss!
And don’t forget to 🔁 Share this crazy story with fellow traders.
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