Malaysian Force have had a literal crypto-crackdown as they’ve used a steamroller to crush 1,069 Bitcoin mining rigs they had seized.
The Bitcoin mining rigs had apparently stolen $2 million worth of energy from the Sarawak Energy power lines. And that, unsurprisingly, hadn’t gone unnoticed.
You can check the Bitcoin rigs being obliterated below. It’s quite satisfying.
The police had confiscated the rigs in six different raids between February and April. And they estimate the rigs were worth about $1.26 million.
And while they could have sold it to help cover costs, they were ordered by court to crush them.
Which they did to the letter of the law by using a steamroller to crush the Bitcoin rigs. That must have been so satisfying!
The Bitcoin miners were also causing damage beyond theft as three houses burned down due to the high temperatures.
Bitcoin mining is an energy-intensive process that creates new bitcoin. They’re not actually mining but solving a complex math problem using a hi-tech computer. When solved, it unlocks new tokens and verifies transactions. But it requires huge amounts of energy and when that energy is stolen off the main grid, it’s fairly easy to spot.
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