Police officers in the United Kingdom discovered an elaborate Bitcoin mining operation after suspecting that it was a cannabis farm.
In a statement, police from Sandwell, West Midlands say it suspected that a building in the Great Bridge Industrial Estate could be growing cannabis because of the number of people visiting the place at different times of the day. The industrial unit also had visible wiring and ventilation ducts and a considerable heat source – things they say are telltale signs of a marijuana farming operation.
[adinserter block="1"]When police officers entered the building with a drug warrant on May 18th, they found around 100 computer units being used to mine the leading crypto asset.
An inquiry with electricity distribution network Western Power reveals that the mining operation was using thousands of dollars worth of stolen electricity.
No arrest was made, but the police officers seized the equipment. Says Sandwell Police Sergeant Jennifer Griffin,
“My understanding is that mining for cryptocurrency is not itself illegal but clearly abstracting electricity from the mains supply to power it is…
We’ve seized the equipment and will be looking into permanently seizing it under the Proceeds of Crime Act. No one was at the unit at the time of the warrant and no arrests have been made – but we’ll be making inquiries with the unit’s owner.”
Follow us on X, Facebook and TelegramDon't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/Iaremenko Sergii
