Mexico seizes 300 crypto mining rigs at hydroelectric dam
Mexico seizes 300 mining rigs at hydroelectric dam
Mexican authorities have taken control of 300 cryptocurrency mining rigs that were wired into a hydroelectric power plant. The equipment was used to generate digital coins by solving complex math problems, a process known as mining.
Key points
- 300 mining rigs were seized.
- The rigs were connected to a hydroelectric dam.
- The operation was part of cryptocurrency mining, which creates new coins and secures blockchain networks.
Sources
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