Mining Bitcoin Secretly, This Company Threatened with Fines USD 5.6 million

 


Initially, residents in an elite housing estate in the area of ​​Alberta, Canada, were disturbed and could not sleep because there was a very loud noise. After an investigation, it was revealed that it was near them that Bitcoin mining was being operated secretly.

One of the residents named Jeff Kocuipchyk who first heard the sound and complained. "The sound is different depending on the direction of the wind. It sounds like the sound of waves, but 10 times louder and 100 times more annoying," he said.


"It's kind of like the sound of an airplane warming up on the runway," he added.



The noise became a discussion among the residents so that an investigation was finally carried out. Investigate a calibaration, it turns out that the culprit is Bitcoin mining by a local company called Link Global.


Then it was discovered that the Bitcoin company was operating without permission, both to local residents and the local government. They were also reported to the Alberta Utilities Commission (AUC). Moreover, the noise is very disturbing and can no longer be tolerated.



Stephen Jenkins as CEO of Global Link admits his mistake. "This is my fault, it's all mine. We didn't consult with the residents," he said.


They are also threatened with a large fine of up to USD 5.6 million or around Rp. 79 billion. It was later discovered that they had been operating without a permit for about a year.


The energy requirement to operate Bitcoin mining is very large, it can power thousands of homes. They apparently used an abandoned natural gas resource to operate the Bitcoin mine but still what they did was illegal. Theft of electricity or energy for Bitcoin mining is common and sometimes caught by the authorities.

Mining Bitcoin Secretly, This Company Threatened with Fines USD 5.6 million Mining Bitcoin Secretly, This Company Threatened with Fines USD 5.6 million Reviewed by thecekodok on 8:58:00 AM Rating: 5
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