Topic: Thieves in Iceland steal 600 powerful bitcoin miners (Read 250 times)

They could of been doing the theft a couple of pieces at a time and not all at once.
Also this would also make you think if it is an inside job if they were doing it between a two month span of December to January.
I can see that happening as they would be able to access the on/off switch of the security and surveillance  system.

Rather than highly organized crime more like some inside job.

Just to update on this story, they've arrested some people:

http://fortune.com/2018/03/05/iceland-big-bitcoin-heist/


There is always an insider involved in all these crimes.

How could they do that?! It's really a shocking news for everyone for it might happen in our country but i think it's the best time to put awareness for each and everyone of us, not only in the companies with secured building but also those people who has virtual wallet.

Eleven people, including a security guard, were arrested in Iceland in connection with the theft of almost $2 million worth of cryptocurrency-mining equipment from local data centers.

Icelandic media are referring to the theft as the “Big Bitcoin Heist.” It’s not so much about the theft of Bitcoins themselves, though, but rather that of the equipment used to earn them.

According to the Associated Press, a judge on Friday ordered two of the arrested people to remain in custody.

There were actually four burglaries: three in December and one in January. The police held off from telling the public for a while, in order not to compromise their investigation.

Two of the burglaries took place on the southwestern Reykjanes peninsula, where local police commissioner Olafur Helgi Kjartansson said: “Everything points to this being a highly organized crime.”

A company that host 2 million$ worth of equipment and doesn't have a single guard ?
They had video surveillance but nobody was checking it? What's the point of it?

How do you get off the island undetected with that amount of equiment? Or maybe they're still on the island setting up their own mining operation. How hard would it be to find them?

This is quite alarming, seems many people are really learning how bitcoin can make them instant millionaire and even trying to get it through illegal acts. If stealing powerful bitcoin miners can be done I'm pretty sure time will come that hacking wallet will become an easy stuff for these thieves.

A company that host 2 million$ worth of equipment and doesn't have a single guard ?
They had video surveillance but nobody was checking it? What's the point of it?

If we talk about 600 s9, one of that things is supposed to weight close to 4 kg, the whole load would be at least 2.5 tonnes.Even if we consider they have driven the truck right next to the server room door, it must have took them at least an hour for all of this.

Rather than highly organized crime more like some inside job.

A company that host 2 million$ worth of equipment and doesn't have a single guard ?
They had video surveillance but nobody was checking it? What's the point of it?

If we talk about 600 s9, one of that things is supposed to weight close to 4 kg, the whole load would be at least 2.5 tonnes.Even if we consider they have driven the truck right next to the server room door, it must have took them at least an hour for all of this.

Rather than highly organized crime more like some inside job.

600 powerful servers specifically designed to mine bitcoin. Plus 600 graphics cards, 100 processors, 100 power supplies, 100 motherboards and 100 sets of computer memory.

According to The Associated Press and Visir, those are the items a coordinated group of Icelandic thieves have stolen. And though 11 people have reportedly been arrested and at least two are still in custody, none of the stolen computers have yet been found by police.

The thefts, which occured between late December and early January, were reportedly captured on surveillance cameras by Advania, the server company hit by two of the three thefts. (The graphics cards, processors and so on were allegedly stolen from a home.) Advania had been offering its customers access to bitcoin-mining rigs, and it sounds like those were the type that were stolen. The Associated Press reports that the stolen computers are worth nearly $2 million.

"This is a grand theft on a scale unseen before," Police Commissioner Olafur Helgi Kjartansson said, according to the AP. "Everything points to this being a highly organized crime." 

The AP reports that police are tracking energy consumption across Iceland in case the thieves turn on their new computers and place a strain on the grid, since that could potentially lead them back to the stolen computers' location