Sandwell Bitcoin mine found stealing electricity
21–30 of 250 posts
Re: Sandwell Bitcoin mine found stealing electricity
#22Re: Sandwell Bitcoin mine found stealing electricity
#23Based on heat and people coming and going, police assumed it was a cannabis farm . Based on that incorrect conclusion, they raided the place. Flimsy evidence.
Didn't they raid the place because they knew that they were stealing electricity?
Re: Sandwell Bitcoin mine found stealing electricity
#24"The computer equipment has been seized but no arrests have been made, the force said." Whoever does get arrested for this, they won't be facing the same charges for intent to supply drugs. I'm not sure on the penalty of stealing electricity, but it's probably a lot less severe.
I don't get your reply? Obviously they're not facing charges for intent to supply drugs because that's not what they did?
Re: Sandwell Bitcoin mine found stealing electricity
#25Based on heat and people coming and going, police assumed it was a cannabis farm . Based on that incorrect conclusion, they raided the place. Flimsy evidence.
Sounds like more than enough to get a warrant.
Re: Sandwell Bitcoin mine found stealing electricity
#26Based on heat and people coming and going, police assumed it was a cannabis farm . Based on that incorrect conclusion, they raided the place. Flimsy evidence.
Re: Sandwell Bitcoin mine found stealing electricity
#27Earlier quoted context omitted.
Those are ASICs. Mining Bitcoin on an RTX is untenable.
other crapcoins are possible w/ GPUs https://whattomine.com/
edit: i mean it's probably a moot point, mining at 10% efficiency is still worth money if you're tapping electricity from somewhere.
Re: Sandwell Bitcoin mine found stealing electricity
#28"The computer equipment has been seized but no arrests have been made, the force said." Whoever does get arrested for this, they won't be facing the same charges for intent to supply drugs. I'm not sure on the penalty of stealing electricity, but it's probably a lot less severe.
Re: Sandwell Bitcoin mine found stealing electricity
#29Re: Sandwell Bitcoin mine found stealing electricity
#30> ...it was held that electricity could not be stolen as it is not property within the meaning of section 4 of the Theft Act 1968... Before the Computer Misuse Act 1990 those who misused computers ("hackers") were charged with abstracting electricity, as no other law applied