Since the birth of Bitcoin in 2009, and the price of Bitcoin exceeded $20,000 in 2017, there has been a mining boom at home and abroad. In order to reduce costs, stealing electricity and mining have become a way for many people to make a fortune.
On May 26, the police in Daqing, Heilongjiang, suspected that there was a den of electricity theft near a certain village based on the power data provided by the oil field.
After the investigators arrived at the suspected location, they found two "grave mounds" in the nearby woodland, but no monument was erected. And about 11 meters away from the tomb, there is a pile of firewood piled with straw.
These two tombs without a stele and no owner have attracted the attention of investigators
This made the criminal investigators suspicious. Because the firewood stacks should be near the villagers' residences for easy fire use, these firewood stacks piled up in the forest belt are very abnormal. Sure enough, when the pile of firewood was lifted, the criminal investigators found a tunnel entrance. It turned out that the location of the illegal mine was located under the "grave mound".
NFT artist Pplpleasr announces to launch decentralized video platform Shibuya: On February 18, NFT artist Pplpleasr announced at ETHDenver that she is helping to launch a decentralized video platform called Shibuya. Pplpleasr describes it as a decentralized version of a hybrid of Netflix, Vimeo, and crowdfunding platform Kickstarter. Shibuya will allow users to directly influence the content-ethexc of the platform through the use of NFTs and cryptocurrencies. It is reported that Shibuya will launch the first media work called "White Rabbit" (White Rabbit), which includes elements of animation, British drama "Black Mirror" and Web3. To watch the episodes, viewers must mint NFTs on Shibuya, which can be staked and voted on where the episodes go.
Pplpleasr said on ETHDenver that at present, Shibuya is not accepting external funding. Other collaborators on the project include digital artist Maciej Kuciara. The platform is tentatively scheduled to launch on March 1, with plans to include more media beyond video in the future.
Pplpleasr is the NFT artist who was previously in charge of the NFT cover of Fortune magazine, and is also a member of PleasrDAO, a decentralized art collection platform. (The Block)[2022/2/19 10:02:12]
Through the direction of the cable, the police found that this den is likely to steal the electricity from the oil field for illegal bitcoin mining.
National Geographic legendary photographer Paul Nicklen serves as the photo and video NFT market Savage ambassador: On January 20th, National Geographic legendary photographer Paul Nicklen announced that he will serve as the photo and video NFT market Savage ambassador, project contributor and consultant. It is reported that Savage also announced a carbon-neutral decentralized application, working with Polygon Studios, Crypto Climate Accord and Energy Web to build a carbon-neutral Dapp, with the help of Polygon Network’s Proof of Stake (PoS) consensus algorithm and Crypto Climate Accord and Energy Web Web support for managing carbon offsets. [2022/1/20 9:02:15]
News | Decentralized video social media platform Vid launches iOS and Android beta versions: Decentralized video social media platform Vid announced the launch of iOS and Android Beta versions, and plans to launch the Android official version on April 1. [2020/2/1]
There are a total of 24 mining machines in the den, and the police did not mention the specific models. But it can be seen from the video that each mining machine has two exhaust fans. According to this model, the power consumption of a mining machine will be around 2000W-3000W. Based on the minimum power consumption of 2000W, these 24 machines steal 1152 kWh of electricity a day and 34560 kWh of electricity a month.
2 (kW/h) * 24 (h) * 24 (units) = 1152 (kW/h)
Based on the cost of 0.3 yuan, the illegal electricity consumption is more than 10,000 yuan a month. As for the specific illegal income, it is difficult to say.
News | A video of a suspected Telegram wallet appeared on Youtube: According to bitcoinexchangeguide, the Youtube channel named "Crypto-Pro" created by an anonymous person uploaded the only video, which is speculated to be the interface of the upcoming Telegram wallet. Russian news outlet Kommersant said the video was not a real Telegram wallet. However, many fans of Telegram and its founder Pavel Durov believed the video to be authentic, as it contained many signs and symbols that are usually only used in Durov's meetings or speeches. Previously, Telegram founder Pavel Durov had announced plans to reveal new products to the world in the first quarter of 2019. [2019/3/8]
During mining, electricity is the biggest cost.
Electricity has already accounted for 60% or more of mining costs, so many miners take risks to steal electricity to mine in order to reduce costs. After reducing the cost of electricity to 0, mining has become a huge profit.
In December 2017, the price of Bitcoin soared, reaching its all-time high of $20,052, an increase of more than 20 times. As a result, the activities of stealing electricity and mining have also increased sharply.
In 2018, two elementary school principals in Hunan stole electricity to mine in the computer classroom
According to statistics, these power theft incidents occurred in six provinces: Heilongjiang, Hebei, Liaoning, Hubei, Shanxi, and Anhui.
Among them, the most electricity theft mining cases occurred in Heilongjiang Province. Interestingly, these cases are all concentrated in Daqing, and the mining locations are very magical, such as fish ponds, electric repair factories, underground gymnasiums...
Just before this "grave mining", on April 24, the Criminal Investigation Division 5 of the Oilfield Branch of the Daqing Municipal Public Security Bureau reported that someone had privately connected oil field electricity near the No. Coins, found that there is actually a den under the kennel, hiding 54 bitcoin mining machines, illegally stealing electricity for mining.
The "kennel" where mining machines are hidden, dog: this is a doghouse occupied by machines!
A miner told the reporter, “In Daqing, many miners were crazy about stealing electricity. There were 9 cases where they were sentenced, but those who were caught or not sentenced were countless.”
In addition to Daqing, another city where stealing power mining is very popular is Tangshan.
It is understood that these cities have one thing in common: they either have oil fields or coal mines, and are rich in resources and easy to obtain.
Take Daqing as an example. “The oil wells in Daqing are scattered, and many are located in remote villages without supervision.” A miner said, “It’s not easy to find the high-voltage lines of the oil wells.”
Of course, the local area will not sit idly by on the almost crazy electricity stealing and mining.
In December 2018, Daqing launched a special crackdown on electricity theft. From December 1, 2018 to May 31, 2019, the most stringent campaign in history was launched to "crack down on crimes in the oilfield field and steal electricity and oil in winter." "Activities" special action launched.
Stealing mining equipment confiscated by Daqing police
Stealing electricity and illegally mined bitcoins will be classified as crimes of theft and illegal profit respectively. The sentencing of stealing electricity and mining will be based on the facts of the crime, the nature of the crime, the circumstances, and the degree of harm to society.
According to the provisions of the criminal law, individuals who steal public or private property worth RMB 1,000 to more than RMB 3,000 shall be regarded as "a large amount"; 300,000 to more than 500,000 yuan, it is "a particularly huge amount".
The police calculated an account. If a mining machine consumes more than 20 kWh of electricity 24 hours a day, and each kWh of electricity is calculated at 0.5 yuan, the daily electricity fee is 12 yuan, which is 360 yuan a month. Then 1,000 units is an electricity bill of 360,000 yuan, which already falls into the range of "a particularly huge amount". We found on Judgment Documents.com that searching for “virtual currency” yielded 3,615 criminal judgments, and searching for the keywords of “virtual currency” + “electricity theft” yielded 21 criminal judgments.
Reprinted from HyperAI super neural Author: Nerve Xiaoxi
Tags:
Commentary on the runaway: In a key blog post by Blockchain Capital, Bitcoin was described as a "megatrend". While new technologies tend to follow a diffusion path from younger to older generations.
The picture above shows the long-term historical trend of BTC. The research found that the bull market in 2012-2013 and the bull market in 2016-2017, the slow bull market in the early stages of the two bull markets.
The "FINWISE2020 Fanzhi Cloud Summit • Overseas Session" sponsored by Metaverse DNA was successfully concluded on May 29, European time.With the theme of "Decentralized Finance & Blockchain".
Since the birth of Bitcoin in 2009, and the price of Bitcoin exceeded $20,000 in 2017, there has been a mining boom at home and abroad. In order to reduce costs.
After a lapse of one month, the price of Bitcoin finally stood at the integer mark of 10,000 US dollars again, breaking through the previous high, short-term liquidation of 300 million US dollars.
According to statistics from glassnode, since Black Thursday in March, the number of bitcoins held by trading platforms has been on a downward trend. The data shows that 320,000 bitcoins have been reduced.
As mentioned above, after the daily line has been pulled up for two consecutive days, the price deviates far from the daily moving average system, and the deviation rate is relatively high. Moving up.