Police Raids Cryptocurrency Mining Farm in India, Seize Over 100 Devices

[Henrikbliss]

Authorities of the Delhi Cyber Cell unit has raided a cryptocurrency mining unit in Dehradun, a city close to the country’s capital, seizing hundreds of high-powered computer processors, graphics cards and servers.

The 4,000 sq ft complex in Dehradun employed about 100 mining rigs minting Ethereum, Times of India reported. The police led the raid after the unit came under the radar for an alleged cheating and fraud case.

Read More: https://news.bitzamp.com/police-raids-cryptocurrency-mining-farm-in-india-seize-over-100-equipment/

[dentolas]

Can't believe there is still some powerfull people refusing to face the reality... it is no use to prohibit... can't turn your head away, blockchain is comming....

[eipeng]

What the? is mining in india is prohibited?

[Henrikbliss]

What the? is mining in india is prohibited?

Mining is not prohibited in India, the rig was raided because the operators were flagged for alleged fraud

[dentolas]

What the? is mining in india is prohibited?

Mining is not prohibited in India, the rig was raided because the operators were flagged for alleged fraud

So in the end these are good news!  ... if those guys were scammers they deserve every bit of it... this shows that regulation is not far away
cheers