Using $3 Million in stolen Electricity, Bitcoin miner raked in $14.5 Million Crypto: Police

A bitcoin miner in Taiwan was arrested and accused of using NT$100 million (or $3.2 million) in stolen electricity and mining 100 million yuan (roughly $14.5 million) in crypto. The man, whose surname is Yang, is charged with operating 17 illegal cryptocurrency mining centres and using fake storefronts across Taiwan. Xinbei, Taoyuan, and Hsinchu are the municipalities where the bootleg mines were located, EBC News reported.