🗞️ MinerHunt Weekly | May 16, 2025

GM ☕

Leader, welcome back to MinerHunt - Here’s what we’ve got for you today:

• 🔌 Russia’s New Playbook for Illegal Miners

• ⚡ MINER MOVES

• ⚙️ HASHRATE HAPPENINGS

• 🧠 DID YOU KNOW?

• 😂 Meme of the Week

Russia’s New Playbook for Illegal Miners

• When the lights flicker, it’s not always a ghost – sometimes it’s just an illegal crypto miners! In Russia’s Dagestan region, the local power firms have had enough of these stealthy rig runners, and they’re getting creative in their crackdown.

📝 Regulation News

• When a power company noticed something odd, they cut the internet for a moment. The result? A sudden 3.2 MW drop enough to power 1,500 homes – revealing nearly 900 hidden mining rigs.

  Here’s what the Cost of Going Rogue:

  • In 2024 alone, these power pirates siphoned off $5 million worth of electricity, doubling the number of illegal mining farms.

  • 35 legal cases have been filed, but current penalties are still considered light, sparking calls for stricter laws and possible criminal charges.

🛠️ New Methods for Exposing Illegal Crypto Miners:

• Internet Kill Switch: By cutting off local internet access and monitoring the resulting power drop, engineers can spot rogue rigs in real time.

• Load Tracking: They compare expected power consumption with actual grid load, revealing unregistered mining hotspots.

• Mobile Units: Engineers use portable scanning devices to detect electromagnetic interference from mining rigs in remote areas.

• Outbuilding Inspections: Power firms are now peeking into barns, garages, and even trucks to uncover hidden rigs.

📊 MINER MOVES

1. 🇦🇺 Brother of Olympic Breakdancer Arrested Over Crypto Scheme

2. 🇰🇼 Kuwait’s Energy Consumption Plummets Amid Mining Crackdown

3. 🇺🇸 Trump’s Crypto Mining Ambitions Go Public

MINERS MEMES 🤣

Source: @boldleonidas

Source: @naiivememe

💡 Did You Know?

The largest Bitcoin mining farm in the world, located in Rockdale, Texas, spans over 100 acres and can produce up to 700 MW of power – roughly the equivalent of powering about 150,000 U.S. homes. That’s more than the entire energy consumption of some small countries!

Till next time,

Miner_Hunter Weekly Pulse

💬 Hot Take: Should crypto miners get tax breaks for supporting grid stability, or should we just thank them for making our GPUs unaffordable?

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Stay curious, leaders!

PS. If you missed yesterday’s issue, you can find it here.