Indonesian Authorities Crack Down on Bitcoin Miners Stealing Electricity From National Grid

CoinDeskPolicyPublicado em 2023-12-28Última atualização em 2023-12-29

Resumo

The thieves allegedly tapped into utility poles of a state-owned energy firm to power mining operations.

Indonesian authorities raided ten sites suspected of mining bitcoin with stolen electricity from the national grid over the Christmas weekend.

Although Indonesia is a fast-growing crypto adopter, it’s not exactly known as a hub for mining.

7.9K
A $10M Options Bet on Ether Shows Positioning for a Bullish Second Half

However, under Indonesian law, electricity theft is considered a criminal offense with a penalty of up to five years in prison or a fine of up to twice the value of the unpaid electricity.

Advertisement
Advertisement

Indonesia’s neighbor Malaysia has made several arrests in relation to electricity theft by crypto miners, but this may be one of the first reported cases in Indonesia.

At the raided sites in Medan, North Sumatra, authorities found 1,314 bitcoin rigs, and 26 individuals were detained.

The suspects allegedly stole electricity by tapping into utility poles of state-owned electricity company PLN poles over the past six months, worth around 14.4 billion Indonesian rupees ($100,000) in losses to the state.

That may seem small, but it amounts to around 10 million kilowatt hours at recent local energy prices and is equivalent to the yearly energy consumption of around 7,500 individuals in the country.

An official from PLN told a local news outlet Thursday that the company will be working with authorities on similar cases.

Sandali Handagama contributed reporting.

Edited by Sandali Handagama.

Leituras Relacionadas

Google's 'Reasoning King' Also Departs for Meta, Originally Recruited by Fei-Fei Li

"Google's 'King of Reasoning' Leaves for Meta, Quietly Departing After Over Eight Years. Denny Zhou, a key figure behind Google's AI reasoning advancements including work showcased by CEO Sundar Pichai, has joined Meta's MSL as a research scientist. His low-profile move, discovered via a LinkedIn update, occurred months before the high-profile departures of Noam Shazeer to OpenAI and Nobel laureate John Jumper to Anthropic. Zhou was originally recruited to Google by Fei-Fei Li's China center initiative after nearly 11 years at Microsoft. This is part of a significant talent drain at Google, with top researchers like Shazeer (co-author of the Transformer paper) and Jumper (AlphaFold lead) recently leaving for rivals. Reports suggest internal friction is a contributing factor, particularly around Google's strategic shift. The company has reportedly formed a high-priority 'AI Coding Strike Team,' involving co-founder Sergey Brin, to urgently bridge the gap in AI coding agents, potentially reallocating resources and focus away from other research directions like DeepMind's 'world model' AGI approach. This pivot towards commercially-proven coding applications may have influenced departures, as hinted by Shazeer's comment about his compute allocation being given to another team. Meanwhile, Meta continues to bolster its team, also recently hiring UC Berkeley professor and 'security godmother' Dawn Song, along with her startup Virtue AI team, as a VP of AI research."

marsbitHá 1h

Google's 'Reasoning King' Also Departs for Meta, Originally Recruited by Fei-Fei Li

marsbitHá 1h

Trading

Spot
活动图片