Mexican Authorities Shut Down Hydroelectric Dam Crypto Mining Operation
Mexico's government has seized over 300 crypto mining rigs that were secretly wired into a hydroelectric dam in the country. The operation was reportedly carried out by the Mexican Ministry of Energy and Environmental Protection.
The miners, worth an estimated $3 million, were found to be using excessive amounts of electricity from the dam, which is used for both energy production and water supply. This has raised concerns about the potential impact on the environment and the legitimacy of the operation.