Chinese Crypto Miner Arrested for Stealing Electricity

Chinese crypto miner arrested

Chinese crypto miner arrested: A man has been arrested in the Anhui Province of China for allegedly stealing 150 megawatts (MW) of electricity.

Chinese Crypto Miner Arrested

Local media outlet Xinhua reported the arrest today, stating that the man, known under the surname Ma, had more than 200 computers that he was attempting to mine both Bitcoin (BTC) and Ethereum (ETH) with. The computers have now been confiscated, along with the arrest of Ma.

Ma said that he had purchased the computers back in April, unaware of how much it would cost him to …

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