Law enforcement officials in Ukraine have closed down a cryptocurrency mining farm that was minting digital coins using stolen electricity. The facility had more than 150 mining rigs that have been confiscated during a raid in Chernihiv region . Authorities in Ukraine Seize Over 150 ASICs From Crypto Mining Farm The Security Service of Ukraine (SBU) has uncovered and shut down a crypto farm that was operating illegally in Chernihiv Oblast, in the north of the country. The unidentified owners had illegally connected the facility to an electrical transformer substation of the region’s power network, Forklog reported . The mining farm had 150 ASICs running on stolen electricity. They were seized by SBU agents during a search along with other auxiliary equipment. The mining hardware was installed in rented warehouses and burned energy for an estimated 3 million Ukrainian hryvnias, or almost $110,000, in just two months. According to the law enforcement agency, the substation to whi
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