Chinese Bitcoin Miners Busted for Electricity Theft

Editor’s note: Article updated to include the translation of the report in Chinese.
Some Bitcoin miners have been busted for stealing electricity according to a public statement by police in Ma’anshan, a mining town in China. Very few details are provided except to state that 74 bitcoin mining units have been seized, coinciding with a small fall in difficulty of around 1.63% on June the 8th.
The roughly translated public post states:
After one month’s work, on June the 1st, while everyone was celebrating national children’s day, a TangXi police team, accompanied by the electricity company, struck fast. Attacked 3 places where bitcoin electricity theft was hiding. The policeman took away 74 mining machines. This operation is a solid move against electricity stealing crimes.

This post was published at Crypto Coins News on 06/07/2016.