Mexico Shuts Down Major Clandestine Crypto Mining Operation
Authorities in Mexico have uncovered a clandestine cryptocurrency mining operation in the remote mountains of Puebla. The farm was discovered after investigators traced an illegal electricity connection near the Nuevo Necaxa hydroelectric dam.
The mining operation, which had been using stolen electricity to power its operations, has been dismantled by Mexican authorities. This development comes as a major blow to illicit cryptocurrency mining activities in Mexico, which have been on the rise in recent years.
According to reports, the mining farm was using advanced equipment and had a significant hash rate, suggesting that it was a large-scale operation. The exact extent of the mining activity is not clear, but it is believed to be one of the largest clandestine mining operations uncovered in Mexico so far.