Odd electricity use led to Chinese police seizing computers used for crypto mining

22 Jun, 2018
by Fifi Arisandi
News
Odd electricity use led to Chinese police seizing computers used for crypto mining

Over 200 computers used to mine Bitcoin and ETH are seized by the Chinese police. 

Following up a report of an abnormal electricity use, police in Hanshan County, Anhui Province, East China seized 200 computers that are used for cryptocurrency mining activities. The report led to a finding where the electricity meter had been short-circuited to avoid high electricity bill. 

The suspect, Ma, told the police that after he bought the computers and used them for crypto mining, he found out that the activities were heavily power-consuming, that it cost him more than 6,000 yuan (USD 927) for daily operation. 

He tried to find ways to trick it, so he could still make profits as he initially planned when he bought the computers. According to Xinhuanet, Ma allegedly stole 150,000 kW hours for over 200 computers he had. 

Related to the cryptocurrency booming, the Chinese government has reinforced strict regulations over Bitcoin and other digital cryptocurrencies by closing exchanges and halting trading. 

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