Indonesia Takes a Stand: 10 Bitcoin Mines Shut Down!
The North Sumatra Police Force has made a bold move by cracking down on a sprawling Bitcoin mining operation spanning 10 locations in Indonesia. In a recent report, it was revealed that 1,134 Bitcoin mining machines were confiscated, alongside 11 meters of electrical cable and computer equipment.
Irjen Agung Setya Imam Effendi, Chief of North Sumatra Police, accused the organizers of the operation of tampering with electrical circuits to power the extensive network of Bitcoin mining machines. This development echoes the growing global trend of authorities tightening regulations around cryptocurrency activities.
The crackdown in Indonesia comes on the heels of a landmark case in China, where a government official received a life sentence for facilitating electricity access to Bitcoin miners. Yi Xiao, the former vice chairman of the Jiangxi Provincial Political Consultative Conference Party Group, faced life imprisonment for his involvement in a $329 million Bitcoin mining enterprise.
Source
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