08-10-2018 22:30 via newsbtc.com

Bitcoin Miner in China Receives Prison Sentence for Electricity Theft

A man has plead guilty to stealing electricity from the Chinese state to power his Bitcoin mining operation. Xu Xinghu will be forced to serve a three and a half year prison sentence and pay around a $14,500 fine for his crime.
Dwindling Profit Margins Cause Bitcoin Miners to Steal Power
According to reports in local media picked up by TechNode, a man has been jailed for stealing electricity to power his Bitcoin mining operation.
Xu Xinghu plead guilty to taking power directly from the Chin
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