By EMMANUEL OKPOSIN | JUNE 18, 2025
Authorities discover a 30,000-square-meter crypto mining farm inside an industrial plant in Russia’s Republic of Dagestan.
Law enforcement uncovered over 8,000 mining rigs operating without official approval, consuming massive amounts of electricity.
The farm illegally tapped into power grids, causing damage to the power supply system and costing the state millions in lost electricity.
Investigators are probing the owners and operators of the illegal facility for criminal misuse of energy resources.
The discovery highlights Russia’s increased efforts to regulate and control illicit crypto mining amid rising electricity theft concerns.