Recently, a court in Changhua City demanded that cryptocurrency miners pay about $ 55,547 for improper use of electricity for cryptocurrency mining operations. A cryptominer named Chen, strangely, had 20 devices installed towards a leased line that wasn’t connected to an electricity meter. Therefore, the owner of the company did not have a record of power consumption.
Cryptominer is currently facing a serious ruling for running an illegal farm and using energy that is not under his authority. Chen said in his defense that he did not know what was happening and installed it before his father died.
Illegal cryptocurrency mining operations in Taiwan
Since the beginning of 2022, Taiwanese authorities have been investigating strange energy consumption by both Changhua City Police and Taiwan Electric Power Company inspectors. By January, the power company discovered that Chen had illegally installed 20 computers for the cryptominer. Taiwan Power Company also sued the city for stealing electricity for an unknown period.
However, the Changhua Prosecutor’s Office refused to accept that it was a robbery, rather an attempt to hide the payment by Taiwan Power. This is because, as a result of the investigation, Chen was asked to cancel the service, but no contract was set.
According to an agreement established by Taiwan Power Company, they have the right to charge almost twice the electricity bill each year if a client’s breach is confirmed. Chen’s defense shows that the public did not know about the robbery. That’s why he shouldn’t be prosecuted.
Similarly, Cryptominer indicates that you should only pay seven months of debt, not one year, as Taipower quotes in the proceedings. Citizens support his defense in a police investigation that estimates that cryptocurrency mining farms are functioning from the third quarter of 2020.
Taiwanese cryptominers may reach reconciliation
Cryptographic Minor’s defense shows that Cheng is obliged to pay 584 NT, not 1,654,308 NT as stated by the utility. This is because Taiwan considers it irrelevant for lawyers to recover nearly twice as much debt as Cheng was unaware of.
Finally, the trial concluded that Chen would pay the invoice from December 2019 until his discovery in 2021.Taiwan Power did not win the case in court, but it showed that it was an opposition company Cryptographic mining It is a domestic activity and will change the invoice. I don’t know exactly what kind of tokens Chen will mine on the farm, BitcoinTaking into account that it is the most valuable crypto in the virtual market.
