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BTC · 18w

A bitcoin miner has been sent to prison for stealing electricity from trains

A man in China has been sentenced to three and a half years in prison after stealing electricity from a train network in order to mine bitcoin.

Xu Xinghua from Shanxi province pleaded guilty to stealing 104,000 yuan (£11,300), which was used to mine 3.2 bitcoins.

At the current price of bitcoin, Mr Xinghua's bounty would be worth around £15,000, however at bitcoin's peak, it would have been worth close to £48,000.

left Created with Sketch. right Created with Sketch. Shape Created with Sketch. Bitcoin's volatile history...
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