Bitcoin mining in abandoned Russian factory

A large and illegal Bitcoin mining facility was detected by the police in the Russian city of Orenburg in the former Russian factory. Established in an abandoned factory building, this facility also used 60 million rubles worth of illegal electricity.. Project members running this business started using illegal electricity by establishing an illegal mine in a closed power plant and connecting the cables to a nearby substation.

Bitcoin mining facility at the former Russian state-owned factory

Unusual electricity Police in the Russian city of Orenburg investigating its consumption thus stumbled upon one of the largest cryptocurrency mining facilities in the country.. In the facility, which is described as a “scene from the Matrix” in the Russian media, miners set up processors with an on-shelf rack system.. It was also stated that the equipment used by the miners was not amateur, but consisted of powerful video cards.

The ASIC devices seized by the police in the raid are estimated to be used in Bitcoin mining due to their power.. That’s because ASICs consume huge amounts of electricity and generate a lot of heat.. The required cooling was provided by large industrial fans.. The facility was discovered after local factory workers detected suspiciously high electricity consumption from the old factory. It was also announced by the police that the facility was previously state-owned and later shut down.

The energy-consuming mining equipment used 60 million rubles (more than $1 million) of electricity, according to Ren TV.. However, the miners did not have to pay any bills to obtain this electricity illegally.. If those responsible are caught, they will face up to 10 years in prison.

You can view the video for images from the factory: [youtube https://www.youtube.com/watch?v=aLTTRZJIvY4]

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