Brazilian police seized 1,400 Bitcoin mining rigs suspected of power theft

Odaily Odaily reports that the São Paulo police in Brazil took action in Jundiaí and Louveira, seizing approximately 1,400 Bitcoin mining devices that were operating in continuous violation of regulations. These devices were powered by 9 transformers with a total capacity of 8,470 kVA, suspected of stealing electricity.

According to preliminary estimates, the related activities involved the theft of approximately 2 GWh of electrical energy, an amount sufficient to power 2,000 households for a month. There are currently no reports of arrests. (livecoins)