China catches a bunch of banned crypto miners stealing electricity amid energy crisis

China has found that many cryptocurrency miners steal electricity from government agencies and other public establishments at a time when the country is suffering from a power shortage, according to a Bloomberg report published on Friday. Officials in two eastern provinces, Zhejiang and Jiangsu, have recently begun targeting miners who consume the resources of state-owned enterprises, government agencies, thinkies and universities, according to the report, which submits government and media reports that did not call the entity. . Jiangsu province found that about one-fifth of the roughly 4,500 Internet Protocol addresses related to illegal mining activities belonged to state institutions,…