Close Menu
    X (Twitter)
    Blockchain Journal
    • News
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • NFT
      • DeFi News
      • Polkadot News
      • Chainlink News
      • Ripple News
      • Cardano News
      • EOS News
      • Litecoin News
      • Monero News
      • Stellar News
      • Tron News
      • Press Releases
      • Opinion
      • Sponsored
    • Price Analisys
    • Learn Crypto
    • Contact
    • bandera
    X (Twitter)
    Blockchain Journal
    Home » In Bishkek, discovered a giant mining farm. She consumed electricity for $ 190 thousand monthly.

    In Bishkek, discovered a giant mining farm. She consumed electricity for $ 190 thousand monthly.

    0
    By BlockchainJournal on July 17, 2019 News
    Share
    Facebook Twitter LinkedIn Pinterest Email

    In Kyrgyzstan, the State Service for Combating Economic Crimes (GSBEP) discovered a large mining farm that consumed about 7 megawatts of electricity – like several urban areas. This is reported on the official site GSBEP.

    The farm was registered under the guise of a computer lab. During the search, law enforcement officers seized more than 8,000 functioning devices for the extraction of cryptocurrencies.

    “According to the customs value of miner models, the total amount was 1 billion 499 million soms (more than $ 21 million), for which the amount of unpaid and unpaid customs payments amounted to more than 183 million soms (about $ 2.6 million),” says press release GSBEP.

    Miners monthly consumed electricity for 13-14 million soms (about $ 190 thousand), which is equivalent to the energy consumption of several districts of Bishkek.

    The mining farm was supplied by a Kyrgyz citizen who was the founder of the LLC and at the same time one of the farm owners. Since 2018, the company received 21 million soms (more than $ 300 thousand) for its intermediary services, but did not pay taxes to the treasury.

    It is noteworthy that in a press release, GSBEP expressed its negative attitude towards both mining and cryptocurrency in general.

    "The production and circulation of cryptocurrencies negatively affects the internal functions of the state in terms of monetary and financial regulation, budgetary regulation, ensuring public order and national security (monetary funds may be used to finance questionable organizations, criminal groups, etc.)", – said in a statement by the department.

    Now the owners of the farm have started a case on several articles at once – about tax evasion, customs duties and laundering of criminal proceeds.

    Earlier, Rosseti North Caucasus discovered the illegal connection of mining farms. The damage from the theft of electricity is about 4.4 million rubles.

    Subscribe to the BlockchainJournal news in Telegram: BlockchainJournal Live – the entire news feed, BlockchainJournal – the most important news and polls.

    << aside id = "unisender_subscribe_form-10" class = "widget unisender_form">

    BlockchainJournal.news

    BlockchainJournal.news

    Featured Finance Models Telegram
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    BlockchainJournal

    Related Posts

    ASTER Token Falls 20% After CZ Endorsement Creating $21M Profit for Whale

    November 4, 20253 Mins Read

    Bitcoin Flirts with $100,000: 3 Altcoins That Could Rise If BTC Falls

    November 4, 20252 Mins Read

    StakeWise Recovers $20.7 Million in osETH Following the Devastating Balancer V2 Hack

    November 4, 20253 Mins Read

    New Bitcoin Whale: Matador Secures $100M to Accumulate 1% of BTC Supply

    November 4, 20252 Mins Read

    Trump Denies Knowing CZ After Pardon; Controversial $2 Billion Binance-Linked Deal Investigated

    November 3, 20252 Mins Read

    Zcash (ZEC) Overtakes Monero (XMR) in Market Capitalization After Surging 1,000%

    November 3, 20252 Mins Read

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Blockchain Journal

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.