Police in Spain Shut Down Suspected Illegal Crypto Mining Setup in Suburb

The Daily Hodl Police in Spain Shut Down Suspected Illegal Crypto Mining Setup in Suburb, Over 100 Miners Confiscated Daily Hodl Staff August 25, 2021 The National Police of Spain announced they’ve taken down what they believe to be an illegal cryptocurrency mining operation that was based in a home. A tweet from the Spanish National Police revealed that there were more than 100 mining machines found in this operation located in the city of Toledo.

Did they do bitcoin mining or GPU mining? If Bitcoin had been mining, there would have been a lot of sound pollution from such a large firm, nowhere is it mentioned whether they used soundproof rooms. So, how did they hide their farm from noise production? Is mining Bitcoin banned in Spain? I have never heard any news that the Spanish government has banned Bitcoin.

I think they were doing Graphics mining, that's why they could able to be hidden easily. Cryptocurrency is not banned in Spain, nor crypto mining. But those miners are accused cause they had been using illegal electrical lines for mining. Not only in the case of mining, but unscrupulous individuals also use stealth electrical connections to avoid power consumption in various cases. Many times they take these illegal electrical connections by abusing political power. By the way, Miming Bitcoin is ok in Spain, and it is considered as the same laws as barter transactions.

Mining in Spain is perfectly legal, albeit very expensive. The issue here began with the farm draining large amounts of electricity in an illegal manner (i.e. plugged into the main network without going through their own meter). This, alongside high thermal prints, led the police to intervene, believing they were really on to a marihuana farm. The woman detailed is accused of committing fraud to the electric fluid company, but on top of that, the police are investigating if the bitcoins that were obtained through the farm were being processed in a legal manner (AML and so forth). See (in Spanish): http://www.interior.gob.es/es/web/interior/noticias/detalle/-/journal_content/56_INSTANCE_1YSSI3xiWuPH/10180/13720954/

As per the article: So that's the first sign that something is not right around that place, high electricity being consume and then the heat that it emits outside. I'm not really sure if this is bitcoin or other crypto that are being mine because it is not mentioned in the article. But most likely it is because of the huge electricity being generated and the heat.

Based on the "video [skip to 0:38]" that the Police released on Aug 20, they were definitely using ASIC rigs; in other words, it's either BTCitcoin mining or a few other cryptocurrencies that also have ASICs built for them. Does anybody know what's the nationality of the women they've arrested? - IIRC, all of the recent incidents [three other countries] had "at least" a single Chinese national behind its operation.

There’s not much of a follow-up on the media (they all echo nearly the same exact content), and no reference to the nationality or any other information on the woman that was detained in the operation. I’d be surprised if she was the only person involved. Since the current charges are those related to electrical fraud, punishable with a fine, there’s not much more to it … unless the bitcoin mining leads to some wrongdoing with the generated bitcoins (currently under investigation).