Let me play devil's advocate for a sec. What if these guys thought they could outsmart the system? I mean, people break into the grid all the time, right?
The Risks of Illegal Mining
20 replies 318 views
Yeah but that’s a dumb gamble. Stealing power just makes you a target, you know?
In some places, it used to be easier. But with tech advancing everywhere, they’ll get caught quicker than ever. Plus, stealing is just plain wrong.
Not to mention the earnings per kilowatt are pretty weak. If you're running cheap gear, the returns are laughable at best.
In Russia, they do crazy things like connect transformers to high-voltage lines. Super risky. Ever thought about that?
orbit_bossMember
Posts: 3 · Reputation: 88
#6Jun 4, 2018, 07:39 PM
Totally agree. These thieves probably didn’t think through what happens if they get caught. And those ASIC miners? Not cheap.
Maybe they thought rural areas would keep them safe? Those setups can’t be easy to hide.
For sure, they must’ve been somewhat experienced to hook up to that kind of power line. But still, they were playing with fire.
BTC doesn’t pay much per watt. Even if you invest tons, the profit margins are tight. Not worth the risk.
block_bossMember
Posts: 41 · Reputation: 248
#10Jun 5, 2018, 10:13 AM
I heard on some Russian board that they had inside help. Otherwise, managing all that for 100 days sounds impossible.
Sounds like the USA has similar issues. But stealing that much power would be hard to pull off without help.
If they just had a couple of ASICs, they might’ve gone unnoticed. But greed got them. Always pushing it too far.
If you’re gonna try this, at least find a way to stay under the radar. Some places are just too risky.
A Kamaz truck isn’t cheap, but setting one up for mining is a whole other challenge. You need the whole kit.
Right? You’d need a crew for this. And who wants to live in the woods for months to do this?
Honestly, after 200 days, it just isn’t worth it. Who wants to risk all that for a small payout?
I feel like trying to be sneaky with an entire mining operation is just asking for trouble. You’ll get caught eventually.
Living in the forest for six months? No thanks. That’s a hard life, especially in winter.
Yeah, I can’t imagine being away from home for that long. Plus, food? Forget it.
mark.viperFull Member
Posts: 34 · Reputation: 318
#20Jun 8, 2018, 12:09 AM
Gotta have a reliable team. But leaving it unattended is a recipe for disaster.