🚨 Russia Cracks Down on Massive Illegal Mining Farm — 30,000 sqm Busted!
One of the biggest underground crypto busts just rocked Siberia. Russian authorities have shut down a 30,000 sqm illegal crypto mining farm in Krasnoyarsk Krai — a full-scale operation stealing electricity and squatting on state-owned land.
📍 Hidden in plain sight, the operation was located in an industrial zone in Nazarovo, disguised as a “non-residential building.” But inside? Dozens of powerful transformers, generators, and cooling systems working overtime to mine $BTC — raking in nearly $58,000/month.
🔎 The takedown revealed:
Massive illegal power use
Fire safety hazards
Fraudulent land leasing
State property abuse
Repeated defiance of legal orders
💣 It gets crazier: the power company tipped off prosecutors after noticing power fluctuations. The illegal setup was strong enough to risk blackouts across the city. And earlier this year? A staffer was caught taking bribes to ignore similar rigs, stealing $119,000 worth of electricity.
📈 With Krasnoyarsk joining Irkutsk and Tatarstan as mining hotspots, Russia is tightening its grip on rogue operations.
⚠️ Bottom Line: Illegal mining isn’t just shady — it’s a real threat to infrastructure and safety. As crypto scales, so does the crackdown.