Allegations of electricity theft have led to the arrest of bitcoin miners in two Chinese cities, according to reports.
In the first instance, six individuals have been arrested in Tianjin, with the Xinhua news agency saying the suspects allegedly used 600 cryptocurrency miners to generate bitcoin with power taken from the local power grid. The police claimed they avoided paying the resulting bills by bypassing the electricity meter.
An investigation was launched, Xinhua says, after the local power company noticed spiking electricity consumption while detecting a significant difference from the measured current. That ultimately led to the seizure of the 600 bitcoin miners along with eight high-powered fans.
The individuals had allegedly been using an empty and discarded warehouse since March 2017 to house bitcoin miners, while avoiding utility bills via a similar method to the Tianjin accused.
Electricity wire image via Shutterstock
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