Spanish Police Seize Illegal Bitcoin Mining Farm Involved in "Electricity Theft," Fraud Exceeds 860,000 Euros

Odaily reported that police in Catalonia, Spain, have seized an illegal Bitcoin mining farm in Sant Vicenç de Castellet, Barcelona. The facility was operating through an illegal connection to the high-voltage power grid. According to calculations by the Spanish electricity company Endesa, the electricity fraud involved amounts to 860,643 euros, one of the highest figures recorded in the industrial sector of the region over the past year. Police discovered 88 ASIC mining machines inside the industrial building. These devices were directly connected to the grid via a three-phase system without meters or protective systems. A 34-year-old man, identified as a suspect, appeared in court in Manresa on March 3rd. Currently, judicial proceedings are focused solely on the alleged electricity fraud offense. Police are examining the seized equipment to determine the actual scope of the operation. (Criptonoticias)