Iceland Mining Farms Thief to be Caught in Amsterdam

Sindri Thor Stefansson,  suspected of stealing 600 mining computers, was detained in the evening of April 22 in the center of Amsterdam
24 April 2018   1526

The Dutch police detained Icelander Sindri Thor Stefansson, suspected of stealing 600 computers used for mining crypto-currency. This is reported by the Iceland Monitor.

According to law enforcers, the suspect was detained in the evening of April 22 in the center of Amsterdam. The police refused to disclose details of the special operation. The prosecutor's office is working on his extradition to his homeland.

Sindri Thor Stefansson
Sindri Thor Stefansson

Since December 2017 in Iceland, a series of robberies occurred, which resulted in the abduction of about 600 farms for the mining of bitcoins and other crypto-currencies in the amount of almost $ 2 million. As part of the investigation of the incident, 11 people were arrested, including Stefansson.

In April, he managed to escape from prison to Sweden. He jumped thru the window and flew to Europe without any documents. Policemen believed that he had a person, who helped him. Another interesting fact is that this aeroplane reportedly carried the Icelandic prime minister.

Bitcoin mining farm heist was one of the biggest heist in modern history of Iceland.

Argo Blockchain to Implement 1000 New Miners

It is worth noting that Argo Blockchain shares are traded on the London Stock Exchange
20 September 2019   79

Argo Blockchain, a British mining company, has installed 1,000 new ASIC miners. Now the company has 6,000 devices.

According to the Proactiveinvestors portal, over the next two quarters, the company will acquire another 6,000 bitcoin miners.

Argo Blockchain shares are traded on the London Stock Exchange (LSE). Against the backdrop of a bullish rally of bitcoin, this year they grew by 193% - from £ 3.2 in early April to £ 9.5.

In the second quarter financial report, the firm reported a substantial increase in revenue. Its representatives are also interested in placing a farm on 2500 devices in the Canadian province of Quebec.

On September 19, the total computing power of the bitcoin network crossed the line of 100 EH / s.