The largest theft in Iceland’s historical past occurred just lately when thieves stole 600 computer systems that had been used for Bitcoin mining from knowledge facilities.

When one hears of against the law ring pulling off main heists, the least probably location for such a circumstance can be the island nation of Iceland. The sparsely populated nation of 348,680 folks is most well-known for being the birthplace of Bjork. However, Iceland was just lately hit with its greatest crime wave ever as thieves stole 600 computer systems used for Bitcoin mining.

Crypto Criminal Behaviour
A gang of thieves orchestrated 4 rounds of thefts of computer systems used for Bitcoin mining. Police state that the computer systems had been stolen from knowledge facilities in Iceland and that the crime wave is the biggest one within the nation’s historical past.
Two of the thefts occurred on the Reykjanes peninsula, The police commissioner there, Olafur Helgi Kjartansson, says:
This is a grand theft on a scale unseen earlier than. Everything factors to this being a extremely organized crime.
Three of the burglaries occurred in December whereas the fourth one occurred in January. All advised, the 600 computer systems are value a mixed $2 million. Of course, they might be used to generate far more cash than that in the event that they’re used for Bitcoin mining.
Army of Bitcoin
Icelanders are calling the crimes the “Big Bitcoin Heist.” A complete of 11 folks have been arrested thus far, with a kind of detained being a safety guard. Two of these arrested have been ordered to stay in custody by a choose.

None of the stolen 600 computer systems have been discovered but. Police are asking energy firms to report any suspicious electrical consumption with the intention to, hopefully, find the computer systems in the event that they’re used to mine for cryptocurrency.
While undoubtedly tiny by inhabitants requirements, Iceland is changing into a hotspot for cryptocurrency miners. Energy is reasonable in Iceland attributable to nation’s geothermal and hydroelectric energy vegetation. This has resulted in an inflow of crypto miners transferring into the nation with the intention to decrease their prices.
One wonders how the thieves plan on using their stolen items. Firing up 600 computer systems will certainly be a magnet for energy firms, who will then alert the police. It could also be that they’ll be moved overseas to be bought.
Do you suppose the police in Iceland will discover the stolen computer systems? Is Bjork certainly one of your favourite artists? Let us know within the feedback beneath.

Images courtesy of Pxhere and Wikimedia Commons/@Santiago Felipe.
The submit Thieves Steal 600 Bitcoin Mining Computers appeared first on

This article sources data from