Thieves Steal 600 Powerful Bitcoin-Mining Computers In ...

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This man stole 600 bitcoin mining computers and then walked out of his jail cell

This man stole 600 bitcoin mining computers and then walked out of his jail cell submitted by leftok to atbitcoin [link] [comments]

600 bitcoin mining computers stolen in Iceland.

600 bitcoin mining computers stolen in Iceland. submitted by HibikiSS to conspiracy [link] [comments]

Police seize 600 Bitcoin Mining rigs over electricity theft in China

Police seize 600 Bitcoin Mining rigs over electricity theft in China submitted by astavrou to Bitcoin [link] [comments]

Man Suspected of Stealing 600 Bitcoin Mining Rigs Breaks Out of Icelandic Prison

Man Suspected of Stealing 600 Bitcoin Mining Rigs Breaks Out of Icelandic Prison submitted by eggn00dles to Buttcoin [link] [comments]

Iceland Suffers the Big Bitcoin Heist with 600 Bitcoin Mining PCs Stolen

Iceland Suffers the Big Bitcoin Heist with 600 Bitcoin Mining PCs Stolen submitted by coinnewseurope to Iceland [link] [comments]

Thieves Steal 600 Bitcoin Mining Computers - Bitcoinist.com

Thieves Steal 600 Bitcoin Mining Computers - Bitcoinist.com submitted by slacker-77 to Bitcoin [link] [comments]

600 bitcoin mining computers stolen in Iceland.

600 bitcoin mining computers stolen in Iceland. submitted by HibikiSS to altnewz [link] [comments]

Tianjin seizes 600 Bitcoin mining computers over electricity theft

Tianjin seizes 600 Bitcoin mining computers over electricity theft submitted by yourSAS to technology [link] [comments]

Police seize 600 Bitcoin Mining rigs over electricity theft in China

Police seize 600 Bitcoin Mining rigs over electricity theft in China submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

Dude stole 600 Bitcoin mining rigs, was sentenced, and now has broken out of jail in Iceland.

This is the best tl;dr I could make, original reduced by 68%. (I'm a bot)
Authorities say a man who is suspected of being the mastermind behind the theft of $2 million worth of bitcoin mining equipment has escaped the Icelandic prison where he was being held.
In Iceland, news outlets have come to call it the "Big Bitcoin Heist." In four separate heists, 600 bitcoin mining rigs were stolen and have yet to be found.
Police in Iceland said they believe Sindri Thor Stefansson fled a low-security prison through a window and boarded a flight to Sweden at Iceland's international airport in Keflavik.
Iceland has become an attractive place for bitcoin miners due to its use of hydroelectric plants that provide low electricity costs.
For someone to set up a hub with 600 miners in Iceland without being noticed seems unlikely, and the fact that none of the stolen items have been recovered suggests that the devices have been moved out of the country.
Crescent Electric Supply Company estimates that just the electricity cost of mining a single bitcoin in the US falls between $3,224 and $9,000, depending on where you're located.
Summary Source | FAQ | Feedback | Top keywords: Iceland#1 mining#2 bitcoin#3 Stefansson#4 Icelandic#5
Post found in /worldnews and /Buttcoin.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
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Chinese Police Confiscate 600 Bitcoin Mining Rigs in 'Largest Power Theft Case' in Years

Chinese Police Confiscate 600 Bitcoin Mining Rigs in 'Largest Power Theft Case' in Years submitted by KellyfromLeedsUK to BreakingNews24hr [link] [comments]

Thieves have appropriated 600 Bitcoin mining computers worth $2 mln in Iceland

Thieves have appropriated 600 Bitcoin mining computers worth $2 mln in Iceland submitted by goldandscam to Bitcoincash [link] [comments]

@ulrichrosenbaum : Chinese Police Confiscate 600 Bitcoin Mining Rigs in 'Largest Power Theft Case' in Years You Should Read This! https://t.co/aZfSWvAQDb

@ulrichrosenbaum : Chinese Police Confiscate 600 Bitcoin Mining Rigs in 'Largest Power Theft Case' in Years You Should Read This! https://t.co/aZfSWvAQDb submitted by ulros to digitalbanking [link] [comments]

Dude stole 600 Bitcoin mining rigs, was sentenced, and now has broken out of jail in Iceland.

Dude stole 600 Bitcoin mining rigs, was sentenced, and now has broken out of jail in Iceland. submitted by KellyfromLeedsUK to BreakingNews24hr [link] [comments]

Tianjin Police Seizes 600 Bitcoin Mining Computers

Tianjin Police Seizes 600 Bitcoin Mining Computers submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

(SCMP) Tianjin police seize 600 bitcoin mining computers after local grid reported abnormal power usage

submitted by Mukhasim to UMukhasimAutoNews [link] [comments]

Man Suspected of Stealing 600 Bitcoin Mining Rigs Breaks Out of Icelandic Prison (current BTC/USD price is $8187.09)

Latest Bitcoin News:
Man Suspected of Stealing 600 Bitcoin Mining Rigs Breaks Out of Icelandic Prison
Other Related Bitcoin Topics:
Bitcoin Price | Blockchain | ICOs
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools. Follow us on Twitter @CoinSalad.
submitted by coinsaladcom to CoinSalad [link] [comments]

Thieves have Appropriated 600 Bitcoin Mining Computers worth $2 mln in Iceland

Thieves have Appropriated 600 Bitcoin Mining Computers worth $2 mln in Iceland submitted by goldandscam to btc [link] [comments]

Thieves have Appropriated 600 Bitcoin Mining Computers worth $2 mln in Iceland

Thieves have Appropriated 600 Bitcoin Mining Computers worth $2 mln in Iceland submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

Grand theft crypto: 600 bitcoin-mining computers stolen in Iceland

Grand theft crypto: 600 bitcoin-mining computers stolen in Iceland submitted by prnewswireadmin to cryptonewswire [link] [comments]

rt.com: Grand theft crypto: 600 bitcoin-mining computers stolen in Iceland

rt.com: Grand theft crypto: 600 bitcoin-mining computers stolen in Iceland submitted by thefeedbot to TheNewsFeed [link] [comments]

03-06 19:22 - '600 bitcoin mining computers stolen in Iceland.' (rt.com) by /u/HibikiSS removed from /r/worldnews within 37-47min

600 bitcoin mining computers stolen in Iceland.
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Author: HibikiSS
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However, Iceland was recently hit with its biggest crime wave ever as thieves stole 600 computers used for Bitcoin mining. Crypto Criminal Behaviour. A gang of thieves orchestrated four rounds of thefts of computers used for Bitcoin mining. Police state that the computers were stolen from data centers in Iceland and that the crime wave is the ... Bitcoin mining is the process by which transactions are verified and added to the public ledger, known as the block chain, and also the means through which new bitcoin are released. 02. Is it necessary to be "online" on the site in order to work the mining? The Associated Press reports of a Bitcoin heist in Iceland where thieves stole some 600 computers used to "mine" bitcoin and other virtual currencies. "Some 11 people were arrested, including a security guard, in what Icelandic media have dubbed the 'Big Bitcoin Heist,'" reports the Associated Press. Bitcoin mining is the process of adding transaction records to Bitcoin's public ledger of past transactions or blockchain. This ledger of past transactions is called the block chain as it is a chain of blocks. The block chain serves to confirm transactions to the rest of the network as having taken place. 600 Bitcoin. Instant Paying Bitcoin Investment. About Us. ... Crypto Mining. Bitcoin Wallet . Litecoin. Blog Highlights. Bitcoin. Benefits and Risks of Trading Forex with Bitcoin As most of the traders might be familiar with the market, forex wouldn’t be a new term to come across. It is the most accessed liquid market in the world, and its ...

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