Officials uncover secret crypto mining setup in shocking location — here are the details
Russian officials just found a secret crypto mining setup inside a Kamaz truck parked near a village in Buryatia. Cointelegraph reported the truck carried 95 mining rigs and a transformer, all hooked up to a power line strong enough to supply an entire village.
What is crypto mining?
Crypto mining creates new coins and checks transactions on a blockchain, a digital record that can’t be changed. Computers solve puzzles to keep the system running. But these puzzles require a lot of electricity. Mining bitcoin uses more power each year than some countries.
Why does crypto mining matter?
Mining can bring money and tech jobs. But it also comes with human and environmental costs. This truck setup was stealing power…
