Man Gets 3.5 Years in Prison for Stealing Train Station Power for Bitcoin Mining

Chinese Bitcoin miner Xu Xinghua has been sentenced to 3,5 years in prison for stealing power from a train station for Bitcoin mining operations. The sentencing was served at the Datong Railway Transport Court in China’s northern Shanxi province. In addition to imprisonment, the intruder has been fined 100,000 yuan (around $14,500). The court has also ordered Xinghua to cover the cost of the electricity charges and has confiscated his mining equipment. Back in November and December 2017, Xinghua stolen electricity from one of the factories at Kouquan Railway to power his 50 Bitcoin miners and three electric fans 24 hours a day.Join to our Telegram channel to be always up-to-date with the latest news of the cryptocurrency space.This is not the only case of theft of electricity by miners. In June, a man in China’s Anhui province was arrested for attempting to steal electricity to fund his reportedly “unprofitable” mining operations. He stolen 150 megawatt (MW) of power to fuel two hundred computers that he used to mine both Bitcoin and Ethereum (ETH) – running a bill of over 6000 yuan ($930) daily.