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Home Cryptocurrency

Spanish Police Raid Find Cryptomining Farm Instead Of Illegal Marijuana Growhouse

Come for the weed, get GPUs instead.

by John Law
January 31, 2022
(Image source: Spanish Police via Videocardz.)

(Image source: Spanish Police via Videocardz.)

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If there’s one lesson that life has constantly taught us, it is that nothing in life is always what it seems. Case in point, Spanish authorities conducted a raid on premises that it believed were being used to illegally grow marijuana. However, instead of finding rooms full of the therapeutic plant, what greeted it was a room full of hardware, set up for cryptomining.

According to the Spanish police, it seized ASIC miners, as well as what appeared to several miners comprising multiple EVGA-branded NVIDIA GeForce RTX 30 series graphics cards, all from a commercial lot somewhere within Seville. As to how the local authorities found the place, it was the higher-than-average electricity consumption that led them to place. Apart from the illegal marijuana cultivation, it seems that it never crossed the authority’s mind that mining for crypto would have been a possibility. For that matter, the bust also kind of gives you an idea of how rampant cryptocurrency mining is in the country.

In total, the seizer miners had a value of 50000 Euros (~RM233487) and was generating at least 2500 Euros (~RM11674) in profit for the miners that had access to it.

YouTube video

We probably sound like a broken record at this point, but we should point out that mining for cryptocurrency isn’t illegal in Spain, but running a miner farm off a tampered power grid within a residential or commercial area is. As we said in a previous report, at best, you’re drawing more power for the miners to work harder. At worst, you could cause a blackout within the immediate area of the miner farm.

(Source: Spanish Police, El Chapuzas Informatico, Videocardz)

Filed Under cryptominingmarijuana farm
Updated 9:42 am, Mon, 31 January 22
http://lowy.at/uxAaq
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