Illegal crypto mining farm found in Ingushetia village
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An illegal mining farm was discovered in a Russian village

In Ingushetia, a criminal case has been opened against an illegal miner. A resident of the republic was found by the police to have unaccounted electricity consumption for cryptocurrency mining.
Игорь Фомин Reading time: 2 minutes
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This reports “MIA Media.

Illegal mining farm was organized by a 35-year-old resident of the village of Verkhnie Achaluki. He placed the equipment in a rented auxiliary room on the territory of a peasant farm in Malgobek.

The farm consisted of 49 cryptocurrency mining devices. It was connected to the power grid bypassing metering devices. In addition to stealing electricity, the miner ignored the current ban on mining in Ingushetia, the Interior Ministry emphasized. Cryptocurrency mining in the region is limited until spring 2031 due to energy shortages.

According to the energy company’s estimates, the mining farm in Malgobek caused damage worth 1.5 million rubles (330,000 Moldovan lei or $18,500). The report says that it had been working intensively for several months.

The mining equipment has been arrested and police are still investigating. A criminal case was opened against the black miner under Part 1 Article 165 of the Criminal Code of the Russian Federation (causing property damage to the owner or other owner of property by deceit or breach of trust in the absence of signs of theft, committed on a large scale).

Earlier it was reported that mining one bitcoin currently costs approximately $79,995.

In Moldova, cryptocurrency mining and the import of equipment necessary for this purpose are temporarily banned in order to save electricity. Such a decision was made in October 2022 by the regular commission for emergency situations and so far this decision has not been canceled. In Moldova, cryptocurrencies are virtual assets: services with them are prohibited and criminalized.

Official recognition of the activity is planned for 2026, requiring compliance with energy and taxation rules. Moldova is currently implementing EU regulations (MiCA), focusing on regulation rather than prohibition. A 12% income tax on profits from cryptocurrency transactions is expected to be introduced.



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