Malaysian police raid and confiscate 1,720 bitcoin mining machines
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Answer Malaysian police raid and confiscate 1,720 bitcoin mining machines
Malaysian authorities confiscated 1,720 bitcoin mining machines worth 3.5 million Malaysian ringgit, equivalent to $836,920, as a result of a surprise raid, according to the Malaysian-language daily Sinar Haryan.
A dismantled illegal mining farm stole from the police nearly two million Malaysian ringgits (an estimated $478,240) of electricity.
Participated in the raid, which lasted 16 hours and was supervised by the authorities, with the movement of more than 154 officers and policemen, who were assisted by 15 technicians and six firefighters.
In addition to the ASICs, the police also confiscated monitors, central processing units (CPUs), modems, and other equipment.
Police arrested a 28-year-old man believed to be responsible for overseeing the farm.
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This man was held for four days to assist in the investigation.
Last July, more than 1,000 Bitcoin miners were brutally crushed by steam machines at a Malaysian police station and their video went viral on social media.
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