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Masked Men Rob Large Crypto Mining Farm Near Moscow - PR Business News Wire

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Masked Men Rob Large Crypto Mining Farm Near Moscow

Armed robbers have plundered a large crypto mining facility not far from the Russian capital, local media reported. The unidentified perpetrators stole dozens of video cards in the latest incident involving theft of coin minting hardware, which has been on the rise in Russia.

A crypto mining farm in the village of Kuchino, near the city of Domodedovo in Moscow Oblast, has been raided by thieves, the Russian crypto news outlet Bits.media reported on Wednesday. The mining facility was located in a warehouse owned by the Vkusvill supermarket chain.

According to employees of the security company responsible for the compound, four individuals wearing masks entered the warehouse, threatened the guards with weapons and handcuffed them.

Then the attackers took away four containers with around 100 graphics processing units (GPUs) and other hardware used to extract digital currencies. Law enforcement authorities have estimated the value of the stolen mining equipment at around 1 million rubles (over $18,000 at the time of writing).

The perpetrators also tried to hide their traces by stealing the storage devices with the video records from the surveillance cameras. Russian police are now looking for the thieves who may get up to 12 years in prison if they are caught.

Do you expect cases of crypto mining hardware theft to continue to increase in Russia? Tell us in the comments section below.

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