Thieves steal $2 million worth of PC hardware to mine crypto

$2 million worth of PC gear stolen in Iceland, used to mine cryptocurrency.

@anthony256
Published Tue, Mar 6 2018 10:39 PM CST   |   Updated Tue, Nov 3 2020 11:52 AM CST

I would cry for years if $2 million of PC hardware turned up in my office so that I could use it for mining cryptocurrency, especially after reading about 600 systems being stolen from data centers in Iceland.

Thieves steal $2 million worth of PC hardware to mine crypto | TweakTown.com

The thieves broke into data centers in Iceland between December 2017 and January 2018, with local police commissioner telling the Associated Press that it was "a grand theft on a scale unseen before".

The theft has been described as "highly organized crime", and because Iceland has been a hot spot for cryptocurrency mining operations thanks to its reduced electricity costs and low temperatures across the country, these thefts could only get worse as there are significant investments in crypto mining across Iceland.

NEWS SOURCE:apnews.com

Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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