So much strange news coming out of China lately its hard to know for sure if its legit with out knowing how to fact check it.
Seems like the pre election it was Chinese issues and now we are back on it.
Stealing power in one of the cheapest places to get power seems like a good plan.
Topic: Chinese police raid miner factories in its oil capital city, 1k+ miners seized - page 3. (Read 7641 times)
November 11, 2016, 07:53:13 PM
November 11, 2016, 07:46:17 PM
Did they seriously think they would get away with stealing that much power?
Running bitcoin are not be sue you for always in there and monitoring your mining farm. to be honest, if they think they can building the hidden farm and trying for leave them in the hidden place and this is are not useful at all. They are forget if the police are having a brain.
November 11, 2016, 01:20:55 PM
Obviously they did think they will get away with it and for a while it seemed as if they actually got away with it.
November 10, 2016, 06:59:27 PM
Did they seriously think they would get away with stealing that much power?
November 06, 2016, 09:56:02 PM
Here is google and I say it happened. Seems pretty clear cut.
Gear looks to be s-2 s-4 s-5 and maybe dragon miners
so the only way they can make money is stolen power.
12000 machines at 1-2th is only 10 or 20 ph still most likely a lot more out there.
this is good news. my hope is the s-7 farms stealing power get caught. (if they exist)
The police will catch more if they are wanna for searching or investigating about the other place, You might for seeing about the S-7 farm get seized by the police with a lot of the population are too difficult for controlling the intention of electricity theft.Gear looks to be s-2 s-4 s-5 and maybe dragon miners
so the only way they can make money is stolen power.
12000 machines at 1-2th is only 10 or 20 ph still most likely a lot more out there.
this is good news. my hope is the s-7 farms stealing power get caught. (if they exist)
https://www.cryptocoinsnews.com/chinese-bitcoin-miners-busted/
November 06, 2016, 09:41:52 PM
I guess this is good for us as the difficulty's going down some, and the chinese have slighly lost hashrate, but could this be the begining of the Chinese government really cracking down on mining and Bitcoin? Not saying that they haven't already tried, but it's some interesting stuff.
Crackdown on a site for electricity theft is NOT a crackdown on bitcoin.
November 06, 2016, 02:22:43 PM
I guess this is good for us as the difficulty's going down some, and the chinese have slighly lost hashrate, but could this be the begining of the Chinese government really cracking down on mining and Bitcoin? Not saying that they haven't already tried, but it's some interesting stuff.
November 06, 2016, 01:34:35 PM
Here is google and I say it happened. Seems pretty clear cut.
Gear looks to be s-2 s-4 s-5 and maybe dragon miners
so the only way they can make money is stolen power.
12000 machines at 1-2th is only 10 or 20 ph still most likely a lot more out there.
this is good news. my hope is the s-7 farms stealing power get caught. (if they exist)
Gear looks to be s-2 s-4 s-5 and maybe dragon miners
so the only way they can make money is stolen power.
12000 machines at 1-2th is only 10 or 20 ph still most likely a lot more out there.
this is good news. my hope is the s-7 farms stealing power get caught. (if they exist)
November 06, 2016, 11:25:53 AM
Can someone translate this?
Is it possible to tell what kind of miners those are from the pictures?
I think it would be stupid to risk a lot of new mining equipment by stealing power.
It could be real, growing up I saw people doing illegal power hookups all the time.
(I even know of someone who died trying to hook up illegal wiring.)
Is it possible to tell what kind of miners those are from the pictures?
I think it would be stupid to risk a lot of new mining equipment by stealing power.
It could be real, growing up I saw people doing illegal power hookups all the time.
(I even know of someone who died trying to hook up illegal wiring.)
November 06, 2016, 11:18:05 AM
It can be electricity theft issue as you can see in first pic, if it is legit.
November 06, 2016, 11:07:59 AM
- posted in Speculation board.(edit: moved after report thanks to the mod)
- by a brand new, throwaway account
- with not enough evidence
- after the drama and the FUD about China and bitcoin to push price down.
i have no other conclusion than calling bullshit.
Hehe, ya. Pics or it didn't happen. I'd like to see some legitimate news on this. It's hard to tell what's made up and clearly the OP with 1 post (this one) has an agenda.
November 06, 2016, 10:57:04 AM
- posted in Speculation board.(edit: moved after report thanks to the mod)
- by a brand new, throwaway account
- with not enough evidence
- after the drama and the FUD about China and bitcoin to push price down.
i have no other conclusion than calling bullshit.
November 05, 2016, 06:28:44 PM
Electricity theft is an serious issue and they were greedy and dump enough to do so,with thousand plus miners they could have earned bitcoins well enough to cover the electricity charges,but greed got the better of them
November 05, 2016, 04:46:41 PM
November 05, 2016, 04:30:50 PM
Legit?
November 05, 2016, 04:29:25 PM
http://news.dqdaily.com/2016-11/04/content_4252348.htm
This week, Chinese police raid douze miner factories in its oil capital city of China for electricity theft, over 1k + miners seized.
http://news.dqdaily.com/attachement/png/site2/20161104/4487fc424a031986123c08.png
http://news.dqdaily.com/attachement/png/site2/20161104/4487fc424a0319861ea816.png
http://news.dqdaily.com/attachement/png/site2/20161104/4487fc424a03198612720a.png
This week, Chinese police raid douze miner factories in its oil capital city of China for electricity theft, over 1k + miners seized.
http://news.dqdaily.com/attachement/png/site2/20161104/4487fc424a031986123c08.png
http://news.dqdaily.com/attachement/png/site2/20161104/4487fc424a0319861ea816.png
http://news.dqdaily.com/attachement/png/site2/20161104/4487fc424a03198612720a.png
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