Paraguay Deports Three Chinese Nationals After Attempted Crypto Mining Theft Near Itaipu Dam

Paraguay Deports Three Chinese Nationals After Attempted Crypto Mining Theft Near Itaipu Dam

Break-In at Crypto Mining Facility Sparks International Fallout Paraguayan authorities have deported three Chinese nationals and arrested a fourth individual after an attempted theft at a cryptocurrency mining facility near the country’s Itaipu hydroelectric dam. The break-in, which occurred at a site operated by Teratech SA in Coronel Bogado, has raised questions about illegal employment,…

Crypto Mining Surge Sparks Electricity Crisis in Malaysia, TNB Reports 300% Rise in Power Theft

Crypto Mining Surge Sparks Electricity Crisis in Malaysia, TNB Reports 300% Rise in Power Theft

Power Theft Soars as Illegal Mining Spreads Malaysia’s largest energy provider, Tenaga Nasional Berhad (TNB), has reported a staggering 300% increase in electricity theft linked to illegal cryptocurrency mining operations since 2018. The company revealed that the number of theft cases surged from 610 in 2018 to 2,397 by 2024, with offenders siphoning off subsidized electricity using…

The Roar of Bitcoin Mines Rural Communities Grapple with Noise, Health Impacts Amidst Industry Expansion

The Roar of Bitcoin Mines: Rural Communities Grapple with Noise, Health Impacts Amidst Industry Expansion

The Roar in Rural America The deployment of large-scale active cryptocurrency mining has had an unprecedented impact in rural areas across America. Furthermore, in Granbury, Texas, residents are being subjected to a new form of incessant noise that stretches round the clock due to a facility that has been mining since 2022. The monotonous reverberations…

Kuwait's Relentless Pursuit Unmasking the Shadowy World of Illegal Crypto Mining

Kuwait’s Relentless Pursuit: Unmasking the Shadowy World of Illegal Crypto Mining

Kuwait is waging a sustained war on the cryptocurrency mining underworld, issuing its strongest warning to date to individuals and groups flagrantly violating the nation’s prohibitive stance. The growth of mining activities (illegal), as evidenced by the dangerously high spike in power consumption in more than a thousand suspected sites, has triggered a reaction by…