The Argentine tax authority (AFIP) found three different clandestine cryptocurrency mining farms last week. The farms were located in San Juan and in the city of Cordoba. More than $600,000 in hardware was found at just one of these locations, and the high level of power consumed helped the institution track these farms.
Argentine Tax Authority Detects Three Different Clandestine Crypto Mining Farms
The Argentine tax authority (AFIP) has put its eyes on the business of illegal cryptocurrency mining and has already detected three clandestine cryptocurrency farms in the last week. Two of the farms were located in the city of Cordoba, and one in San Juan. The last one was identified by the organization because the import of mining equipment was being done by a company that had no license.
The two farms in Cordoba were detected thanks to the high consumption of power that these farms need to operate. According to authorities, the mining operations were using 85,000 kilowatts of energy...
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