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Making money from cryptocurrency mining is not that simple, at least these days. Before taking on this task you should consider: cost of mining hardwareand those related to
Making money from cryptocurrency mining is not that simple, at least these days. Before taking on this task you should consider: cost of mining hardwareand those related to electricity consumption, among other variables. And of course, you shouldn’t be in some countries that ban such practices.
An alternative to this fact would be to use a cloud computing service, that is, mining cryptocurrency on the infrastructure of a third party, but here you also have to go through cash. One person in Ukraine managed to overcome all the mentioned difficulties with the following well-known method: crypto theftand was eventually arrested by Europol.
According to the aforementioned police agency, the 29-year-old suspect had illegally accessed several computers belonging to one person. cloud computing service mining cryptocurrency. Since the accounts of the sessions used were not owned by him, the costs incurred from mining tasks affected the real owners.
Europol believes that the man managed to mine around €1.8 million worth of cryptocurrency before he was discovered. Now the cloud computing service provider played a major role in the raid. The company warned Ukrainian authorities that some user accounts had been compromised.
Image shared by Europol after the operation
The next step was to open an investigation, which would allow us to find new clues and consolidate information. sufficient evidence The final stage, which was the arrest of the suspect, was given the green light. Europol’s European Cyber Crime Center (EC3) set up a virtual command center supporting the Ukrainian National Police on the day of the raid.
Finally, the suspect was arrested in Mykolaiv, Ukraine, on January 9. It is believed that from this address, you can control captured cloud environments for cryptocurrency mining. The process continues with the equipment seized during the operation being examined in more detail by forensic experts.
Images: Europol | art rachen
On Xataka: US approves Bitcoin ETFs. In the case of gold, the value of the metal has quadrupled
Source: Xataka
Jason Root is a blockchain enthusiast and author at Div Bracket. He provides comprehensive coverage of the latest developments in the world of blockchain, offering readers a unique perspective on the industry and its potential for revolutionizing various industries.
