Russian authorities have shut down a large network of illegal cryptocurrency mining farms operating across St. Petersburg and the Leningrad region.
According to Interior Ministry spokesperson Irina Volk, police seized over 2,700 mining machines during a series of coordinated raids. Investigators revealed that the suspects had illegally connected to the power grid at a commercial site, manipulating electricity meters from March 2018 to August 2025 to conceal true energy consumption and avoid payment.
Energy Theft Concerns in Russia
The operation was carried out with support from the Russian National Guard, leading to the detention of several individuals at their homes. A criminal case has been opened under Article 165, Part 2 of the Russian Criminal Code, which covers property damage caused through deception or abuse of trust.
Authorities confirmed that one suspect is under movement restrictions, while two others have been ordered to report to investigators when summoned. Police say the investigation is ongoing, with efforts underway to identify additional individuals linked to the illegal mining operations.
In Russia, more people are illegally using stolen electricity to mine for cryptocurrency because it’s become very profitable. Energy companies want harsher punishments, saying this theft is overloading power grids. The government thinks creating clear rules could make mining legal, which would attract better investors and stabilize the energy supply.