<p>In a striking development, Makhachkala <a href="https://ultramining.com/news/en/borneo-police-crack-down-on-illegal-crypto-mining-operation/" rel="noopener noreferrer nofollow">police</a>, together with Russia's economic crime and federal guard units, have busted a large-scale cryptocurrency mining operation. The discovery, made on January 24, 2024, unveils a significant illegal venture in the underground parking garage of an apartment building on Nasrutdinov Street, Reduktorny settlement. Operated by a 35-year-old local, this clandestine facility housed over 620 cryptocurrency mining machines, according to <a href="https://t.me/mvd_dagestan/862" rel="noopener noreferrer nofollow">mvd_dagestan</a>.</p>
<p>Investigations revealed the owner's audacious move to illegally tap into power lines, bypassing metering devices. This unauthorized connection has inflicted substantial financial harm, with Rosseti North Caucasus estimating the damage at over 12.2 million roubles. As authorities compile material for procedural decisions.&nbsp;&nbsp;</p>

Makhachkala Police Bust Major Illegal Mining Operation

Ultramining_Eng

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