Business
Police find giant bitcoin ‘mine’ during warehouse drug raid – NEWS.com.au
Police find giant bitcoin ‘mine’ during warehouse drug raid
Police were stunned to find a bitcoin mine stealing thousands of kilograms of electricity during a suspected warehouse drug raid.Officers in the West Midlands, UK, thought they were about to bust a cannabis farm – but were met with the advanced tech scam instead.
Cryptocurrencies have to be “mined” in order to be created, which involves solving increasingly complex mathematical puzzles – requiring more and more powerful computers and significantly more energy.
Most computers used for the process…
-
General10 hours agoMildura man given 28 years to pay $73,000 in unpaid fines and tolls
-
Noosa News23 hours agoSunshine Coast Airport receives green light for major upgrade opening doors to growth jobs and tourism across the region
-
General13 hours agoAustralia’s race to rewire the country amid a global transmission boom is not unique
-
Noosa News24 hours agoTivoli Drive-In closes amid rising operating expenses and low attendance numbers
