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The Ukraine operation was stealing power from the grid at an order of $260,000 PER MONTH! using rigged power meters. The equipment seized included 5,000 PCs and 3,800 PlayStations, along with various other things. One hopes they also seized a bunch of the mined Bitcoins!
https://www.yahoo.com/news/look-inside-underground-crypto-mining-090129713.html
The Texas operation. Sigh. Because Texas has cheap energy and an absolutely infallible power grid, an operation has started up there that, when completed, will consume 750 MEGAWATTS of energy. The mayor of the town is so invested that he himself has his own server rack mining Bitcoin.
As an example, 750 megawatts is enough to power 150,000 homes. And Bitcoins are backed by - absolutely nothing. They're vaporware backed by the faith of the people who have bought them and are willing to buy and sell them. They've been proven to be no where near as anonymous as originally touted, witnessed by the number of people in prison for illegal drug, weapon, and murder for hire attempts, such as the operators of the Silk Road.
https://www.yahoo.com/news/bitcoin-miners-break-ground-texas-213205425.html
Greed over common sense, any and every day.
https://www.yahoo.com/news/look-inside-underground-crypto-mining-090129713.html
The Texas operation. Sigh. Because Texas has cheap energy and an absolutely infallible power grid, an operation has started up there that, when completed, will consume 750 MEGAWATTS of energy. The mayor of the town is so invested that he himself has his own server rack mining Bitcoin.
As an example, 750 megawatts is enough to power 150,000 homes. And Bitcoins are backed by - absolutely nothing. They're vaporware backed by the faith of the people who have bought them and are willing to buy and sell them. They've been proven to be no where near as anonymous as originally touted, witnessed by the number of people in prison for illegal drug, weapon, and murder for hire attempts, such as the operators of the Silk Road.
https://www.yahoo.com/news/bitcoin-miners-break-ground-texas-213205425.html
Greed over common sense, any and every day.
