Home Mining The state Ukrainian railway was caught in the mining of Bitcoin

The state Ukrainian railway was caught in the mining of Bitcoin

by Admin

16/11/19 03:08 UTC-6

MiningIllegal mining of Bitcoin on the Ukrainian railway
Illegal mining of Bitcoin on the Ukrainian railway

At one of the branches of the Ukrainian Railway in Lviv, it was revealed the illegal miningMining
– is a type of activity for creating new blocks in the Blockchain to ensure proper system operation.

Details of bitcoins using more than 100 mining devices and state electricity. The offenders were caught by the local prosecutor together with the security department of JSC “Ukrainian railways”.  


Railway bitcoin-economy

Railroad employees found an “excellent” opportunity to mine cryptocurrency. They used the state power grid to place the necessary equipment and mined bitcoins. According to a report by the Security Service of Ukraine, the loss of electricity from illegal mining amounted to $41 thousand. A criminal case was initiated on this incident, since the issuance and distribution of cryptocurrencies in Ukraine is prohibited.

In 2018, the State Service for Special Communications and Information Protection of Ukraine, announced that it does not plan to regulate cryptocurrency mining. But according to the latest data of the current year, the authorities of Ukraine officially announced that they intend to negotiate with the largest Binance cryptocurrency exchange in orderOrder
– automatic application to buy or sell cryptocurrency. Orders are used during trading on the stock exchange to open and close a position.
to develop legislation in the country that regulates cryptocurrency transactions.

  • Just half a year ago, the ambitious Facebook cryptocurrency project, Libra, shone in the light of positive prospects and financial opportunities for all interested parties. The situation has changed radically. The project was not only left by PayPal, Visa, Mastercard, eBay, Stripe and Mercado Pago, the US Congress criticized the Congress completely, but also the director of the second giant Twitter network, Jack Dorsey, spoke out negatively.  

See also: “Ethereum will be mined using the new mining center”

#Ukraine #Ukrainianrailways #illegal #mining #cryptocurrency #Bitcoin

Editor: Alyona Deryabina

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