ChainCatcher reports that according to market sources, Catalonia police in Barcelona have seized an illegal Bitcoin mining farm operating by illegally connecting to the high-voltage power grid.
According to Spain’s national electricity company Endesa, the involved electricity fraud amounts to €860,643, one of the highest recorded in the region’s industrial sector over the past year. Police found 88 ASIC mining machines inside the industrial building, directly connected to the grid via a three-phase system without meters or protection systems. Investigators pointed out that this type of connection poses serious risks of overload and fire, as well as threatening the stability of power supply to nearby businesses. A 34-year-old man suspected of involvement appeared in Manresa court on March 3. Currently, the legal proceedings are only targeting electricity fraud charges, and authorities are evaluating the seized equipment to determine the scope of the illegal activities.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Data: 930 BTC transferred from an anonymous address, then routed through a relay and sent to another anonymous address
ChainCatcher reports that, according to Arkham data, at 07:21, 930 BTC (worth approximately $67.59 million) was transferred from an anonymous address (starting with 3GTQBv5B4...) to two anonymous addresses (starting with bc1q908dtg... and bc1q2catyz...).
GateNews7m ago
Bitcoin Bulls Rally as Momentum Surges, Still Tough to Top $78K
The article discusses the recent surge in Bitcoin's momentum, highlighting bullish trends while acknowledging the challenges in surpassing the $78K mark.
CryptoBreaking54m ago
BlackRock Adds $322M to Bitcoin ETF as Holdings Hit 768,000 BTC
_Bitcoin ETFs logged major inflows as BlackRock added $322M in one day, signaling steady institutional accumulation during market volatility._
Bitcoin spot exchange-traded funds recorded strong inflows as large investors increased exposure during market swings. Analysts reported heavy buying
LiveBTCNews1h ago
Bitcoin Shows Strength Amid Low Exchange Activity
Bitcoin demonstrates resilience amid global instability, with low exchange deposits indicating a reduction in selling pressure. Recent analysis shows strong short-term momentum as inflows drop and the price increases, suggesting a potential market bottom.
CryptoFrontNews1h ago
