Two Bitcoin Farmers Stole $1.5M in Electricity in Bulgaria

Cointelegraph

Published Aug 17, 2020 08:14PM ET

Updated Aug 18, 2020 10:20PM ET

Bulgarian authorities have arrested two men for illegally siphoning off more than $1.5 million in electricity to operate two crypto mining farms.

According to an Aug. 14 report from Bulgaria Today, two men have been detained in connection with the theft of $1.5 million in electricity used for mining Bitcoin (BTC) in the small town of Kyustendil.

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