Cryptocurrency farm seized in cannabis raid

We can say that one of the biggest gifts of the internet, which is the locomotive of digital transformation, is crypto money. These assets, which have the potential to earn serious amounts to their investors if the right and appropriate moves are made, have been turned into the official currency by countries such as El Salvador and started to be launched as the currencies of the future.

There is also a significant increase in the number of investors and miners of cryptocurrencies, which appear in a billion-dollar market. In fact, hardware such as the video card used for mining cryptocurrencies was exhausted due to intense interest, causing a serious stock shortage around the world. Cryptocurrency mining, which is constantly on the agenda with such situations, came up with a more interesting event this time.


What is Ethereum mining and how is ETH produced?

In this article, we will look for an answer to the question of how Ethereum is produced. Here’s what you need to know to get started…

Police shocked when confronted with cryptocurrency farm in cannabis raid

An electricity provider in the Spanish city of Santiponce, after its power started to run out, determined that a facility in the region was using more than 2,000 euros per month of illegal electricity. The provider immediately reported this to the police.

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As a result of their observations, the Spanish police determined that the facility was equipped with cooling systems with powerful industrial fans. Suspecting that this system is used for cannabis production, the police decided to raid the facility a while ago.

When the police entered the facility for the raid, he encountered an interesting sight. Because the facility originally supposed to produce cannabis was actually an illegal cryptocurrency farm with a computer system (RIG) used to mine Bitcoin or altcoins for over 50,000 euros.

Examining the seized equipment, the police found that each of the systems was worth 13,500 euros and had the potential to generate a profit of 2,500 euros if they worked. The owners of the farm in question have not been caught yet.

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