Mexican authorities have uncovered a clandestine cryptocurrency mining operation in the mountainous region of Puebla, utilizing approximately 300 GPUs and tapping into hydroelectric power. This marks the fourth such facility discovered in the area since early last year, indicating a growing trend of cartels diversifying into crypto mining for income, money laundering, and funding illegal activities. The sophisticated operations, often located in remote communities, are becoming increasingly noticeable due to their significant noise and power consumption, drawing attention from local residents and law enforcement. AI
IMPACT Highlights the increasing use of sophisticated technology by criminal organizations for illicit financial activities.
RANK_REASON Significant criminal activity involving advanced technology and infrastructure. [lever_c_demoted from significant: ic=1 ai=0.4]
- Bitcoin
- Chainalysis
- GPU
- Jalisco New Generation Cartel
- La Barredora
- Presa de Necaxa
- Puebla
- Reuters
- Tether
- Tlaola
- Monero
AI-generated summary · Google Gemini · from 1 sources. How we write summaries →