- Spanish police report, a marijuana plant search leads to the discovery of a crypto mining farm.
- The police calculated that the bitcoins possessed by the group were worth around 315,000 euros and could earn more than 2,500 euros in profit every month.
- The authorities found 21 bitcoin mining devices and equipment valued at about 13,000 euros.
Cryptocurrency mining often entails some kind of energy stealing, which is prohibited in many countries. According to a recent Spanish police report, a marijuana plant search leads to the discovery of a crypto mining farm.
While on their way to raid the “marijuana farm,” the cops discovered it was actually a crypto mining facility. The authorities found 21 bitcoin mining devices and equipment valued at about 13,000 euros.
The mining farm
The cops had to move with 21 ASIC teams, and the farm included special Bitcoin mining equipment.
The police calculated that the bitcoins possessed by the group were worth around 315,000 euros and could earn more than 2,500 euros in profit every month. The police also discovered RIG miners, which were valued at roughly 13,000 euros and could yield a profit of 1,000 euros per month.
The police discovered that the supporting equipment in this plantation did not satisfy the criteria of cannabis production, and it may be an undiscovered bitcoin mining farm after the initial inquiry. After gathering information, the police examined the plantation and discovered various sophisticated facilities.
Under Seville, Spain, the mine is buried in a hashish farm. Suspicions were raised after authorities uncovered illegal electrical equipment near local buildings. Once inside the building, cops uncovered bitcoin mining equipment, powerful cooling and airflow ways, and a slew of EVGA RTX series graphics playing cards, some of which were RTX.
In addition, there is an unauthorized connection to the energy network outside the building. This mine consumes a substantial amount of power from the grid. According to specialists from the electrical provider, the mine steals up to 2,000 euros each month in electricity.
Power theft concern
Authorities in Spain found equipment worth $55,816. There were unapproved connections linked to the local grid outside the building for power theft.
On the farm, there is also RIG mining equipment for mining cryptocurrency. According to the police assessment, the equipment is worth 13,000 euros. Furthermore, it has the potential to create a monthly profit of 1,000 euros.
“Police investigations began on a probable indoor marijuana cultivation that might be housed in several stables located in Santiponce,” according to the Spanish National Police report. After conducting investigations, the agents discovered that the current signs did not correspond to marijuana growing. Rather, they discovered that these facilities might house a bitcoin farm. There are very few records of bitcoin mining in Spain. With this information, the agents entered and investigated the stables, where they found contemporary apparatus for mining bitcoins.”
This mine consumes a substantial amount of power from the grid. According to specialists from the electrical provider, the mine steals up to 2,000 euros each month in electricity.
