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Chinese police have seized more than 200 computers used to mine bitcoin and ethereum after a man tried to swindle the electricity company to avoid the bills he faced to power his operation. The suspect had allegedly stolen 150,000 KW hours of electricity in more than a month.
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Police uncovered his scam when they found the electricity metre for the suspected cryptocurrency mining operation had been short-circuited, “which was likely an attempt to dodge the power bill”.
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