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Transcript:
0:00:00 Brazil Cops Stumble Upon Bitcoin Mining Farm, Make Arrests
0:00:04 This update is brought to you by "CoinCheckup News Updates" and was originally published on "BitcoinNews.com".
0:00:11 Local news outlet Zero Hora has reported that the Brazilian police have made an arrest, with the suspect in question thought to have been involved in a long list of crimes, including murder.
0:00:21 As reported, the State Department of Drug Trafficking in Porto Alegre, Rio Grande do Sul had been hot on the trail of a suspected drug trafficker when they chanced upon a house where Bitcoin was being mined.
0:00:32 Although Bitcoin mining itself wasn’t illegal, curious to inspect, the police entered the residence and found 25 Bitcoin mining rigs which were operating non-stop.
0:00:41 All in all, the equipment was estimated at USD 63,000.
0:00:47 When questioned, the man who claimed to be renting the building and operating the mining rigs as a personal investment was discovered to have been stealing electricity to operate the rigs.
0:00:56 Further searches also uncovered a pistol with a filed away serial number and a motorcycle with cloned number plates.
0:01:03 This was enough for the police to take the house owner into custody, whereupon it was discovered that he had a long list of past offences, including links to drug trafficking and the murder of a police officer.
0:01:14 The police confirmed that the Bitcoin mining operation had nothing to do with the arrest.
0:01:19 Bitcoin is increasingly popular in Brazil, with an expert recently insisting that the Bitcoin comparisons made to the Tulip Bubble were false and unwarranted.
0:01:28 Thanks for watching this video.
If you wanna read the whole article you can go to CoinCheckup.com or go to: "BitcoinNews.com", who originally published this news update on their website.
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