Grand Theft PC: Thieves Made Away with 600 Cryptomining Computers

[Chino]

So, what's cheaper than building your own cryptomining rig? Stealing one, of course. With the humor aside, the Associated Press reported that around 600 cryptomining computers were stolen from multiple data centers in Iceland over the last three months. The first three thefts occurred in December, and the fourth took place recently in January. So far, the Icelandic authorities have apprehended 11 individuals, including a security guard, in connection with the series of heists. According to the publication, the stolen computers are estimated to worth almost $2 million. Unfortunately, the police haven't had any lucky locating the whereabouts of the stolen goods. However, they are actively monitoring electric consumption in the country, since cryptomining tends to require high power usage. They've also contacted local internet service providers, electricians, and storage space rentals to ask for their cooperation in reporting any abnormal requests for more power.


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[rtwjunkie]

This cracks me up. It’s not hard to find large electric use locations, and large shipments off-island of computers should also be pretty easy to intercept.

 

[looniam]

https://thehackernews.com/2018/03/bitcoin-mining-computers.html

The thefts, which also included burglary of 600 graphics cards, 100 processors, 100 power supplies, 100 motherboards and 100 sets of computer memory, were captured on CCTV cameras by Advania, the server company reportedly hit by two of the three thefts.

it seems it was really 100 rigs but i guess each card is a mini computer, right?

 

[Keullo-e]

Toy money just brings more and more problems day after day,

 

[R-T-B]

Toy money just brings more and more problems day after day,

Because the "toy money" has graduated beyond the toy phase and is worth stealing.

This is a normal "money" problem.

 

[Loosenut]

This cracks me up. It’s not hard to find large electric use locations, and large shipments off-island of computers should also be pretty easy to intercept.

Shouldn't be too hard to stay off the electrical grid with a few generators

 

[R-T-B]

Shouldn't be too hard to stay off the electrical grid with a few generators

Try turning a profit that way, though.

Also, they aren't reading electric bills to find people with high usage. Privacy laws and all. They follow the wires, or in the case of generators, the noise.

 

[Chaitanya]

Toy money just brings more and more problems day after day,

Like real money doesnt cause any similar problems.

 

[FordGT90Concept]

However, they are actively monitoring electric consumption in the country, since cryptomining tends to require high power usage.

They were probably sold. Like said, the machines are worth $2 million. How long would that take for said machines to mine in crypto? A very long time. They're never going to get their machines back.

 

[Loosenut]

Try turning a profit that way, though.

Also, they aren't reading electric bills to find people with high usage. Privacy laws and all. They follow the wires, or in the case of generators, the noise.

Point taken

 

[kastriot]

Good job , now steal all other remaining rigs and sell them to people who need it