Effective bitcoin-mining computer systems

six hundred effective servers particularly designed to mine bitcoin. (What is bitcoin? Here’s the whole thing you want to recognise.) Plus six hundred images playing cards, 100 processors, one hundred power resources, a hundred motherboards and one hundred sets of laptop memory.

According to The Associated Press and Visir, those are the gadgets a coordinated organization of Icelandic thieves has stolen. And although 11 people have reportedly been arrested and at least are nonetheless in custody, none of the stolen computers haven’t begun been observed with the aid of the police.

The thefts, which occurred among late December and early January, have been reportedly captured on surveillance cameras by Advania, the server employer hit by means of-of the 3 thefts. (The graphics playing cards, processors and so on have been allegedly stolen from a home.) Advania had been imparting its customers access to bitcoin-mining rigs, and it feels like those have been the kind that was stolen. The Associated Press reviews that the stolen computer systems are really worth nearly $2 million.

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“This is a grand theft on a scale unseen earlier than,” Police Commissioner Olafur Helgi Kjartansson said, according to the AP. “Everything factors to this being a pretty prepared crime.”

The AP reports that police are monitoring electricity consumption throughout Iceland in case the thieves switch on their new computers and location a strain on the grid, on account that that could doubtlessly lead them to lower back to the stolen computer systems’ place.

Neither Iceland’s Ministry of Justice nor Kjartansson right away replied to a CNET request for comment.

Blockchain Decoded: A series looking at the effect of the blockchain, bitcoin, and cryptocurrency on our lives.

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