The Germany authorities have successfully arrested a group of cryptocurrency miners that allegedly mining cryptocurrencies by stealing electricity. There are six suspects in total have been detained during the operation and reported were stealing electricity worth more than $3 million and managed to earn $14.5 million from the illegal mining activity.
The post Crypto Miners Allegedly Stealing Electricity Arrested in German appeared first on Incrypts.
A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.
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