Military Police Finds Illegal Bitcoin Mining Farm in São Paulo

By: livecoins.com.br|2026/08/29 16:56:20

The Metropolitan Military Police Battalion (BPM/M) of São Paulo discovered a Bitcoin mining farm valued at 500,000 reais in a house in the Parque Arariba area. The operation took place during a crackdown on drug trafficking when officers noticed the noise from the cooling system of the equipment. Seizures of mining farms have become common, with examples such as the confiscation of 1,400 miners in Jundiaí and Louveira in May of this year. Although Bitcoin mining is not illegal, many cases involve suspicions of crimes such as electricity theft. The BPM/M released a video showing the infrastructure of the farm, which included 31 ASIC miners and a laptop. The estimated value of the equipment ranges from 300,000 to 500,000 reais. Authorities highlighted that the operation was conducted with clandestine energy tapping. So far, there is no information about the property owner or any arrests related to the case.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.

You may also like

CEO Jeremy Allaire says Circle built “the platform for the internet financial system”, but cirBTC has only 40 BTC

Circle’s cirBTC held 42.5 BTC against 40 tokens, but WBTC and cbBTC remain thousands of times larger ahead of Arc’s launch.

Arthur Hayes Identifies Major Undervalued Crypto Asset

Arthur Hayes, co-founder of BitMEX and head of the Maelstrom investment fund, believes that the major crypto asset Ethereum remains one of the most undervalued in the market, despite its potential to grow rapidly by three to five times.

VeChain (VET) Price Forecast: Possible Price Dynamics Until 2050

The price forecast for VeChain is of interest to investors who are monitoring projects at the intersection of blockchain, the Internet of Things, and corporate solutions for supply chain management: the platform helps businesses track the origin of goods, combat counterfeiting, and enhance operation...

Stablecoin Reserves Concentrated in Treasury Bills Under 93 Days

Stablecoin reserves are increasing demand for U.S. Treasury securities, but the effect is concentrated in short-term instruments. The structure of accumulating reserves focuses on Treasury bills with a remaining maturity of 93 days or less and cash-like assets.

USDC on Chelsea's Jersey: What the Deal Says About Crypto in Sports

Polymarket Expands to 20 Leagues, Facing Regulatory Conflicts

Polymarket is expanding its partnerships with major U.S. sports leagues and data providers, leading to increased regulatory conflicts surrounding the sports prediction market. The leagues emphasize fan engagement and the use of official data.
...

Latest coin listings on WEEX

iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com