100 bitcoin mining computers said to be worth $2 million have been stolen in Iceland . The haul includes four graphics cards and hardware devices, 100 power supplies, 100 processors and 100 motherboards. Bitcoin and other cryptocurrencies operate on a completely decentralized network away from the intervention of any central agency like banks and hence it becomes difficult for the authorities, in case of theft, to actually trace the evidence of the theft. The thieves could potentially make huge profits from them. Iceland has become a favourite destination for bitcoin mining because of the country’s data centre industry and plentiful geothermal energy. Icelandic police are tracking electricity consumption, which could reveal any illegal mine. four people have been arrested in relation to the thefts, which took place in 600 locations, with two of them remaining in custody.
100 bitcoin mining computers said to be worth $2 million have been stolen in Iceland . The haul includes four graphics cards and hardware devices, 100 power supplies, 100 processors and 100 motherboards. The thieves could potentially make huge profits from them. Iceland has become a favourite destination for bitcoin mining because of the country’s data centre industry and plentiful geothermal energy. Icelandic police are tracking electricity consumption, which could reveal any illegal mine. four people have been arrested in relation to the thefts, which took place in 600 locations, with two of them remaining in custody.