By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Viral Trending contentViral Trending content
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
Reading: Russian authorities bust truck-based crypto mine draining village power
Notification Show More
Viral Trending contentViral Trending content
  • Home
  • Categories
    • World News
    • Politics
    • Sports
    • Celebrity
    • Business
    • Crypto
    • Tech News
    • Gaming News
    • Travel
  • Bookmarks
© 2024 All Rights reserved | Powered by Viraltrendingcontent
Viral Trending content > Blog > Crypto > Russian authorities bust truck-based crypto mine draining village power
Crypto

Russian authorities bust truck-based crypto mine draining village power

By Viral Trending Content 3 Min Read
Share
SHARE

Authorities in Russia’s Republic of Buryatia have uncovered an illegal cryptocurrency mining operation hidden inside a KamAZ truck siphoning electricity meant for a nearby village.

Contents
Russia bans crypto mining in some regionsHacker group targets Russians to mine crypto

Discovered during a routine power line inspection in the Pribaikalsky District, the unauthorized setup was drawing electricity from a 10-kilovolt line, enough to supply a small village, according to Russian state-owned news agency TASS.

Inside the truck, inspectors found 95 mining rigs and a mobile transformer station. Two individuals believed to be connected to the operation fled the scene in an SUV before police arrived.

This marks the sixth case of electricity theft linked to crypto mining in Buryatia since the start of the year, Rosseti Siberia’s Buryatenergo unit said. Authorities have warned that illegal connections are disrupting local grids, causing voltage drops, overloads, and potential blackouts.

<em>The truck hosting illegal crypto mining site. Source: </em><a href="https://t.me/babr_mash/8085" rel="nofollow noopener" target="_blank" title="https://t.me/babr_mash/8085"><em>Babr Mash</em></a>

Related: Crypto exec ran a ‘covert pipeline for dirty money,’ DOJ says

Russia bans crypto mining in some regions

Mining is prohibited across most of Buryatia from Nov. 15 to March 15 due to regional energy shortages. Outside of that window, only registered companies in designated districts such as Severo-Baikalsky and Muisky are allowed to mine.

The crackdown comes amid broader federal restrictions. In Dec. 2024, Russia announced a ban on mining during peak energy months in several regions, including Dagestan, Chechnya, and parts of eastern Ukraine currently under Russian control.

A full ban has already been enforced in the southern Irkutsk region since April.

Major Russian mining industry firms like BitRiver rely on cheap electricity in Irkutsk. According to local sources, the Irkutsk region hosts the first and largest data center by BitRiver, which was launched in 2019 in Bratsk.

Related: Russia’s largest bank Sber offers up Bitcoin-linked bonds

Hacker group targets Russians to mine crypto

Kaspersky has linked the hacker group known as “Librarian Ghouls” or “Rare Werewolf” to a cryptojacking campaign that compromised hundreds of Russian devices. The group used phishing emails posing as legitimate documents to spread malware and gain control of systems for unauthorized crypto mining.

Once infected, the malware disables Windows Defender and schedules the compromised devices to operate between 1 am and 5 am, a tactic designed to avoid detection.

During this window, hackers establish remote access, steal login credentials, and assess system specs to configure their miners efficiently.

Magazine: China threatened by US stablecoins, G7 urged to tackle Lazarus Group: Asia Express

You Might Also Like

Polymarket Sees Record $153M Daily Volume After Chainlink Integration

Elon Musk’s xAI sues Colorado arguing its AI rules restrict speech

OKX Ventures, HashKey back VPBank-linked CAEX for Vietnam crypto pilot push

Bitcoin Figure Adam Back Denies Being Satoshi Nakamoto

CIA to integrate AI ‘co-workers’ to process intelligence, catch spies

TAGGED: Crypto, Crypto News, News
Share This Article
Facebook Twitter Copy Link
Previous Article Israel-Iran strikes: What are the worst-case scenarios?
Next Article Dalal Street Week Ahead: Technical indicators signal caution, not panic
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad image

Latest News

JPMorgan CEO Jamie Dimon says he’s ‘learned and relearned’ to not make big decisions when he’s tired on Fridays
Business
Apple AI Pin Specs Leak: Dual Cameras, No Screen & More
Tech News
A ‘glass-like’ battlefield: German Army chief on the future of warfare
World News
Polymarket Sees Record $153M Daily Volume After Chainlink Integration
Crypto
Natasha Lyonne Then & Now: See Before & After Photos of the Actress Here
Celebrity
Cult Hit Doki Doki Literature Club Fights Removal From Google Play Store Over ‘Depiction Of Sensitive Themes’
Gaming News
Dead as Disco Launches Into Early Access on May 5th, Groovy New Gameplay Released
Gaming News

About Us

Welcome to Viraltrendingcontent, your go-to source for the latest updates on world news, politics, sports, celebrity, tech, travel, gaming, crypto news, and business news. We are dedicated to providing you with accurate, timely, and engaging content from around the globe.

Quick Links

  • Home
  • World News
  • Politics
  • Celebrity
  • Business
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
  • Sports
  • Crypto
  • Tech News
  • Gaming News
  • Travel

Trending News

cageside seats

Unlocking the Ultimate WWE Experience: Cageside Seats News 2024

Investing £5 a day could help me build a second income of £329 a month!

JPMorgan CEO Jamie Dimon says he’s ‘learned and relearned’ to not make big decisions when he’s tired on Fridays

cageside seats
Unlocking the Ultimate WWE Experience: Cageside Seats News 2024
May 22, 2024
Investing £5 a day could help me build a second income of £329 a month!
March 27, 2024
JPMorgan CEO Jamie Dimon says he’s ‘learned and relearned’ to not make big decisions when he’s tired on Fridays
April 10, 2026
Brussels unveils plans for a European Degree but struggles to explain why
March 27, 2024
© 2024 All Rights reserved | Powered by Vraltrendingcontent
  • About Us
  • Contact US
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Welcome Back!

Sign in to your account

Lost your password?