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Icelandic Police Are Hunting for Hundreds of Bitcoin Miners | CoinDesk

“Everything points to this being a highly organized crime,” he said.

Iceland boasts a long-running bitcoin mining ecosystem, thanks to the country’s data center industry and access to geothermal energy sources. In recent days, politicians there have reportedly begun exploring the idea of taxing Icelandic mining operations.

That mining hardware would be a target for larceny is perhaps unsurprising, given the growth in cryptocurrency prices in recent months. Past incidents include the theft of 165 miners from bitcoin miner BTCS at a facility in the U.S. state of North Carolina in 2016.

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Icelandic Police Are Hunting for Hundreds of Bitcoin Miners – CoinDesk.