Indonesia seizes more than 1,000 bitcoin mining machines over electricity theft


©Reuters.

JAKARTA – Indonesian officials confiscated 1,134 bitcoin mining machines after discovering illegal electrical connections in several mining operations. This seizure is part of a broad campaign to crack down on the unauthorized use of electricity for cryptocurrency mining, which has led to considerable financial losses.

Authorities discovered that people involved in these mining facilities had manipulated the electrical infrastructure. They used unauthorized cables to bypass electricity meters, thereby stealing electricity to power the energy-intensive mining process. This illegal activity prompted government action that resulted in the shutdown of illicit bitcoin mining operations across Indonesia.

The operation to dismantle these illegal mining installations took effect immediately.

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