Irkutskenergosbyt, the main utility company in Irkutsk, Siberia, is looking to collect almost $800,000 from owners of crypto farms that have allegedly caused a spike in local electricity consumption.
In total, the company has filed 137 lawsuits against customers who set up mining facilities in basements and garages. The company says these home miners are engaged in entrepreneurial activities while paying for their electricity at the tariffs for the population, which are four times lower than commercial rates. The owners of the underground crypto farms are also increasing the load on the grid in residential areas leading to breakdowns and outages.
Of the 137 filed lawsuits, 19 claims in the amount of 21 million rubles were satisfied. All other claims are still being considered and no cases have been lost so far, according to the company’s director, Andrey Kharitonov.
Siberian utility filed 137 lawsuits over crypto miners using cheap powerRead More
