Chinese Police Seize 600 Bitcoin Mining Computers over Electricity Theft

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Chinese Police in the northeastern port city of Tianjin have reportedly confiscated 600 bitcoin mining computers in a case of alleged electricity theft. The bitcoin mining equipment was seized after the local power grid operator reported an abnormally high spike in electricity consumption, China’s state-owned press agency Xinhua reported on Wednesday. The power company observed

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April 25, 2018 at 12:51PM

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