Taiwan authorities have arrested a local resident suspected of stealing electricity for mining cryptocurrency, CoinDesk reports, citing a local source.
For the mining of Bitcoin and the Etherum, a Taiwanese resident by the name of Yang used sources of electricity from the 17 stores he rented. To maximize the profitability of his operations, Yang hired electricians who helped him hide the real consumption of energy resources.
Using such a scheme, Young managed to get a cryptocurrency in the amount equivalent to 100 million new Taiwan dollars ($ 3.25 million).
In the fall, a Chinese court sentenced a miner to a prison term of 3.5 years for stealing electricity