Illegal cryptocurrency farm found on Ukrzaliznytsya premises

By The Kyiv Post / November 15, 2019

An illegal bitcoin farm had been sucking electricity from the state-owned railway monopoly Ukrzaliznytsya, draining over $40,000 worth of electricity from the company.

The company’s own security department along with Ukraine’s National Police found an illegal bitcoin farm on the premises of the railway enterprise in Ternopil, according to a statement the railway company published on its website on Nov. 15.

Topics: Blockchain, Cryptocurrencies, Legal, News, Payments & fintech

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Launched in 1995, Kyiv Post is Ukraine’s leading English-language newspaper, produced by a team of Western and Ukrainian journalists. Over the years, the weekly newspaper has led the charge for a free press in Ukraine, and has played roles in the Georgiy Gongadze scandal, the Orange Revolution and other significant Ukrainian events. The Kyiv Post’s IT coverage is sponsored by Looksery, Ciklum, Steltec Capital and SoftServe. The content is independent of the donors.

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