SBU exposes massive crypto mining in Ukraine
▻https://ssu.gov.ua/en/novyny/sbu-vykryla-naibilshu-kryptofermu-v-ukraini-maizhe-5-tys-kompiuteriv-mainyly
In the city of Vinnytsia, the SBU has exposed and documented a large-scale electricity theft. The offenders mined cryptocurrency in one of the former premises of JSC Vinnytsiaoblenerho. Ukrainian law enforcement seized almost 5,000 computers. It is the largest underground crypto farm.
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The offenders stole electricity of JSC Vinnytsiaoblenerho. To conceal their activities, they used electricity meters that did not show a real energy consumption.
According to preliminary estimates, the monthly losses to the state ranged from UAH 5 to 7 m. (USD 186,200 to 259,300). However, such illegal activity could lead to power surges and left people without electricity.
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