Поділитися цією статтею
Bitcoin Miners Arrested for Alleged Power Theft
Allegations of electricity theft have reportedly led to the arrest of bitcoin miners and equipment seizures in two Chinese cities.
Автор Wolfie Zhao
Allegations of electricity theft have led to the arrest of bitcoin miners in two Chinese cities, according to reports.
In the first instance, six individuals have been arrested in Tianjin, with the Xinhua news agency saying the suspects allegedly used 600 cryptocurrency miners to generate bitcoin with power taken from the local power grid. The police claimed they avoided paying the resulting bills by bypassing the electricity meter.
STORY CONTINUES BELOW
Не пропустіть жодної історії.Підпишіться на розсилку Crypto Daybook Americas вже сьогодні. Переглянути всі розсилки
An investigation was launched, Xinhua says, after the local power company noticed spiking electricity consumption while detecting a significant difference from the measured current. That ultimately led to the seizure of the 600 bitcoin miners along with eight high-powered fans.
The case, coming at a time when China still plays a dominant role in bitcoin mining despite hints it might move to dampen the industry, marks the largest power theft in the country in recent years, the report states.
Meanwhile, according to another report today from the official news sitehttp://news.jcrb.com/jszx/201804/t20180425_1862013.html of China's supreme prosecutor, two suspects have also been arrested by police in the city of Wuhan – also charged with electricity theft.
The individuals had allegedly been using an empty and discarded warehouse since March 2017 to house bitcoin miners, while avoiding utility bills via a similar method to the Tianjin accused.
Electricity wire image via Shutterstock
Більше для вас
Що варто знати:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Більше для вас
Farcaster Switches to Wallet-First Strategy to Grow Its Social App
The protocol still consists of casts, follows, reactions, identities and wallets, and third-party clients are free to emphasize whichever components they want.
Що варто знати:
- Farcaster is shifting its focus from social media to its in-app wallet and trading features to drive user engagement.
- Cofounder Dan Romero acknowledged the lack of sustainable growth in their social-first strategy over the past 4.5 years.
- The wallet's trading tools have shown the strongest product-market fit, leading to a strategic pivot towards financial use cases.
Top Stories
