Crypto Mining Chinese Kennel Owner Caught Stealing Electricity to Power Underground Bitcoin Mining Farm Published 2 years ago on April 29, 2020 By Jamie Redman Share Tweet Jamie Redman The largest oil field in the People’s Republic of China has been a target for individuals and organizations attempting to mine bitcoins with free electricity. After a bunch of mining farm operators allegedly got caught last summer, a dog kennel owner was recently busted for running cable lines in order to siphon free electricity from China’s Daqing Oil Field. The mining farm owner was arrested, as police found 54 ASIC miners stored in an underground bunker with dog kennels on top making it seem like a legitimate operation. Chinese Dog Kennel Owner Caught Running Cables to Daqing Oil Field to ... Related Topics:bitcoinaggregatedcryptocurrencychinabtcETHBitcoin miningminingASICnewpolicechinese minerselectricity Up Next Total Cryptocurrency Market Cap Adds $20 Billion In Less Than 24 Hours Don't Miss Digital Asset Firm Taurus Group Raises €10M From Investors Including Banks, Tezos Continue Reading Latest Serum Price Prediction: SRM Goes Lower Highs at the 14-day SMA ICOs/Crowdsales59 mins ago Biggest Movers: UNI Drops to 1-Week Low, While FIL Extends Recent Declines Other Crypto1 hour ago OFAC’s Tornado Cash Ban Causes Github Suspensions and the Blacklisting of Crypto Addresses Holding $437M Crypto Mining1 hour ago Are Aave, Decentraland, and GryffinDAO Good Cryptos To Buy in 2022? dApps2 hours ago PrivaCrip to Power a Blockchain Network That Could Follow Cardano & XRP dApps2 hours ago Arcane Research Reveals Next Step For Ethereum Miners As The Merge Inches Closer Crypto Mining2 hours ago Companies Hut 8 Maintains HODL Strategy In Crumbling Market Companies2 days ago Stefan Hut 8 maintains a HODL strategy for Bitcoin in a crumbling market, defying market trends of selling off a... As Bear Market Persists, Public Miners Struggle To Outperform Bitcoin Price Companies1 week ago Zack Voell Nearly all publicly-traded bitcoin mining companies have failed to outperform bitcoin year to date as the bear market... Charles Schwab’s $655B Asset Management Arm to Start Trading Crypto-Related ETF This Week Crypto Mining1 week ago Kevin Helms Charles Schwab’s $655 billion asset management arm is launching its first crypto-related exchange-traded fund (ETF). The new fund... Is The Bitcoin Price Bottom In? Here’s What Hash Ribbons Tell Us Crypto Mining4 weeks ago Namcios The bitcoin price tends to be cyclical, and we’re all trying to time the bottom. Can hash ribbons be... Will Marathon Digital Join Other Miners In Selling Bitcoin? CEO Weighs In Fintech1 month ago Namcios Marathon Digital is among the few miners to not have sold any of its bitcoin treasury during the latest... A looming global energy crisis could directly affect Bitcoin miners Bitcoin3 months ago Liam 'Akiba' Wright The World Bank recently reported that global energy prices could remain “historically high” until 2024. They expect...