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Report: China Discovers More Cryptocurrency Miners Stealing Electricity

October 19, 2021
Source: fuentitech.com fuentitech.com
News Snapshot:
[Technology] Report: China Discovers More Cryptocurrency Miners Stealing Electricity China is said to have discovered many cryptocurrency mining operations that steal electricity from universities, state-owned enterprises and government agencies. Bloomberg [report](//www.bloomberg.com/news/articles/2021-10-15/china-finds-banned-cryptominers-siphoning-power-at-state-firms) Many Chinese media and government agencies have explained the crackdown on these electric thieves. For example, Jiangsu miners are said to have used 260,000 kilowatt hours of electricity daily, even though one-fifth of the 4,500 IP addresses associated with illegal mining date back to public institutions. I am. Report also quoted [statement](//mp.weixin.qq.com/s/kgJiy57QKyk9Xpli-y2o2w) The Zhejiang Provincial Government claims that 183 mining projects use public resources.The statement also included photos of...
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