Authorities in Krasnoyarsk, Russia have busted a 30,000 sqm illegal crypto mining farm — one of the biggest underground ops in recent years. 😳
📍 Hidden in an industrial zone in Nazarovo, the operation was mining $58,000/month in $BTC using stolen electricity and state-owned land.
Despite warnings, the operator ignored legal orders — so prosecutors got a court order and shut it down.
🔍 What They Found:
Illegal connection to the power grid
Fire safety violations
Fraudulent land use
Mining rigs hidden behind fake property documents
The energy company reported unstable grid activity, and the setup nearly caused citywide blackouts.
⚠️ Bigger Picture:
Back in February, a local energy staffer was caught taking bribes to ignore illegal miners — who stole over $119K in electricity.
Krasnoyarsk now joins Irkutsk and Tatarstan as one of Russia’s top (and most troubled) mining hotspots.
📌 Takeaway:
Illegal mining = big risk.It’s not just theft — it’s a danger to cities, grids, and crypto’s reputation. Regulators are watching. 👀
