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	<title>President of Iran &#8211; Spress</title>
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		<title>British police discovered a bitcoin &#8216;mining&#8217; facility to steal electricity</title>
		<link>https://en.spress.net/british-police-discovered-a-bitcoin-mining-facility-to-steal-electricity/</link>
		
		<dc:creator><![CDATA[Phan An (TTXVN/Vietnam+)]]></dc:creator>
		<pubDate>Tue, 01 Jun 2021 07:43:05 +0000</pubDate>
				<category><![CDATA[Tech]]></category>
		<category><![CDATA[Birmingham]]></category>
		<category><![CDATA[Bitcoin]]></category>
		<category><![CDATA[British]]></category>
		<category><![CDATA[Cannabis]]></category>
		<category><![CDATA[Computer]]></category>
		<category><![CDATA[Cop]]></category>
		<category><![CDATA[Deal]]></category>
		<category><![CDATA[Deutsche Bank]]></category>
		<category><![CDATA[Digital]]></category>
		<category><![CDATA[discovered]]></category>
		<category><![CDATA[Electrical Power]]></category>
		<category><![CDATA[electricity]]></category>
		<category><![CDATA[Electricity supply]]></category>
		<category><![CDATA[Electronic]]></category>
		<category><![CDATA[Elon Musk]]></category>
		<category><![CDATA[England]]></category>
		<category><![CDATA[facility]]></category>
		<category><![CDATA[Hassan Rouhani]]></category>
		<category><![CDATA[Mining]]></category>
		<category><![CDATA[National grid]]></category>
		<category><![CDATA[Police]]></category>
		<category><![CDATA[President of Iran]]></category>
		<category><![CDATA[Specialized]]></category>
		<category><![CDATA[Steal]]></category>
		<category><![CDATA[Tesla]]></category>
		<category><![CDATA[Thieves]]></category>
		<guid isPermaLink="false">https://en.spress.net/british-police-discovered-a-bitcoin-mining-facility-to-steal-electricity/</guid>

					<description><![CDATA[Through inspection, the police discovered about 100 specialized computers to &#8216;mine&#8217; bitcoin using a large power source stolen from the national electricity grid. Bitcoin digital currency. (Photo: AFP/VNA) On May 28, British police said they had discovered a case stealing electricity large capacity to mine the digital currency bitcoin. Specifically, in a dismantling of a [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>Through inspection, the police discovered about 100 specialized computers to &#8216;mine&#8217; bitcoin using a large power source stolen from the national electricity grid.</strong><br />
<span id="more-19733"></span> <img decoding="async" loading="lazy" src="https://photo-baomoi.zadn.vn/w700_r1/2021_05_29_293_39003112/4f8bf07be83901675828.jpg" width="625" height="437"> </p>
<p> <em> Bitcoin digital currency. (Photo: AFP/VNA)</em> On May 28, British police said they had discovered a case <strong> stealing electricity</strong> large capacity to mine the digital currency bitcoin. Specifically, in a dismantling of a cannabis plant, the anti-narcotics police force in England suddenly discovered an organization <strong> Bitcoin &#8220;mining&#8221;</strong> using a large power source to steal from the national grid. The facility is located in an industrial area in Birmingham &#8211; the UK&#8217;s second largest city. Through inspection, the police discovered about 100 computers dedicated to &#8220;mining&#8221; bitcoin. At the time the police arrived, there was no one at the facility. The case is currently under investigation. The digital currency &#8220;mining&#8221; system consumes a large amount of electricity, so some lines specializing in &#8220;mining&#8221; cryptocurrency in the world often choose to steal electricity to reduce costs and increase profits. According to Deutsche Bank, &#8220;mining&#8221; bitcoin alone consumes the same amount of electricity as Switzerland consumes each year. On May 12, the world&#8217;s largest electric vehicle maker Tesla (USA) announced that it would stop using bitcoin in its car sales due to concerns about environmental issues. CEO (CEO) of Tesla, American billionaire <strong> Elon Musk</strong> states: &#8220;Tesla stopped using <strong> bitcoin</strong> car sales. We are concerned about the growing use of fossil fuels for bitcoin mining and trading, especially coal &#8211; the worst-emitting fuel.&#8221; Iranian President Hassan Rouhani has announced a four-month ban on all crypto-mining activities after many major cities suffered power cuts due to power shortages.</p>
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