• Home
  • Cyber Crime
  • Cyber warfare
  • APT
  • Data Breach
  • Deep Web
  • Digital ID
  • Hacking
  • Hacktivism
  • Intelligence
  • Internet of Things
  • Laws and regulations
  • Malware
  • Mobile
  • Reports
  • Security
  • Social Networks
  • Terrorism
  • ICS-SCADA
  • POLICIES
  • Contact me
MUST READ

Hunters International ransomware gang shuts down and offers free decryption keys to all victims

 | 

SECURITY AFFAIRS MALWARE NEWSLETTER ROUND 52

 | 

Security Affairs newsletter Round 531 by Pierluigi Paganini – INTERNATIONAL EDITION

 | 

North Korea-linked threat actors spread macOS NimDoor malware via fake Zoom updates

 | 

Critical Sudo bugs expose major Linux distros to local Root exploits

 | 

Google fined $314M for misusing idle Android users' data

 | 

A flaw in Catwatchful spyware exposed logins of +62,000 users

 | 

China-linked group Houken hit French organizations using zero-days

 | 

Cybercriminals Target Brazil: 248,725 Exposed in CIEE One Data Breach

 | 

Europol shuts down Archetyp Market, longest-running dark web drug marketplace

 | 

Kelly Benefits data breach has impacted 550,000 people, and the situation continues to worsen as the investigation progresses

 | 

Cisco removed the backdoor account from its Unified Communications Manager

 | 

U.S. Sanctions Russia's Aeza Group for aiding crooks with bulletproof hosting

 | 

Qantas confirms customer data breach amid Scattered Spider attacks

 | 

CVE-2025-6554 is the fourth Chrome zero-day patched by Google in 2025

 | 

U.S. CISA adds TeleMessage TM SGNL flaws to its Known Exploited Vulnerabilities catalog

 | 

A sophisticated cyberattack hit the International Criminal Court

 | 

Esse Health data breach impacted 263,000 individuals

 | 

Europol dismantles €460M crypto scam targeting 5,000 victims worldwide

 | 

CISA and U.S. Agencies warn of ongoing Iranian cyber threats to critical infrastructure

 | 
  • Home
  • Cyber Crime
  • Cyber warfare
  • APT
  • Data Breach
  • Deep Web
  • Digital ID
  • Hacking
  • Hacktivism
  • Intelligence
  • Internet of Things
  • Laws and regulations
  • Malware
  • Mobile
  • Reports
  • Security
  • Social Networks
  • Terrorism
  • ICS-SCADA
  • POLICIES
  • Contact me
  • Home
  • APT
  • Breaking News
  • Cyber Crime
  • Digital ID
  • Security
  • Bitcoin-linked heist: thieves stolen 600 powerful computers in Iceland

Bitcoin-linked heist: thieves stolen 600 powerful computers in Iceland

Pierluigi Paganini March 03, 2018

Thieves steal 600 powerful computers in a huge heist in Iceland with the intent to use them for mining Bitcoin.

Cyber criminal organization continue to show a great interest in cryptocurrencies, the number of crimes against cryptocurrency industry is on the rise.

News of the day is that crooks have stolen 600 powerful computers from data centers in Iceland to use in Bitcoin mining. At the time, the computers, that are worth almost $2 million, have not yet been found.

“Some 600 computers used to “mine” bitcoin and other virtual currencies have been stolen from data centers in Iceland in what police say is the biggest series of thefts ever in the North Atlantic island nation.” reads the post published by The Associated Press.

The thieves have stolen 600 graphics cards, 100 processors, 100 power supplies, 100 motherboards and 100 sets of computer memory to use in the proficuous activity.

The Icelandic media dubbed the crime the “Big Bitcoin Heist,” the authorities have arrested 11 people, including a security guard.

A judge at the Reykjanes District Court on Friday ordered two people to remain in custody.

“This is a grand theft on a scale unseen before,” Police Commissioner Olafur Helgi Kjartansson said. “Everything points to this being a highly organized crime.”

The thefts occurred between late December and early January, the members of the gang were identified thank the surveillance cameras used by the server company Advania.

Advania suffered two of the four thefts, the company had been offering its customers access to bitcoin-mining rigs, for this reason, crooks targeted the firm.

The police are searching any evidence to track the thieves, authorities are also tracking energy consumption across Iceland in case they turn on their computers. A spike in the energy consumption could reveal their location if the thieves don’t take measure to avoid being tracked.

“Police tracking the stolen computers are monitoring electric consumption across the country in hopes the thieves will show their hand, according to an industry source who spoke on condition of anonymity because he is not allowed to speak to the media.” concluded the Associated Press.

“Unusually high energy usage might reveal the whereabouts of the illegal bitcoin mine.”

Iceland is a good place where find cheap, renewable energy for crypto mining activities.

[adrotate banner=”9″] [adrotate banner=”12″]

Pierluigi Paganini

(Security Affairs – 600 powerful computers, Bitcoin mining)

[adrotate banner=”5″]

[adrotate banner=”13″]


facebook linkedin twitter

600 powerful computers Bitcoin Bitcoin mining crime Pierluigi Paganini Security Affairs

you might also like

Pierluigi Paganini July 06, 2025
Hunters International ransomware gang shuts down and offers free decryption keys to all victims
Read more
Pierluigi Paganini July 06, 2025
SECURITY AFFAIRS MALWARE NEWSLETTER ROUND 52
Read more

leave a comment

newsletter

Subscribe to my email list and stay
up-to-date!

    recent articles

    Hunters International ransomware gang shuts down and offers free decryption keys to all victims

    Cyber Crime / July 06, 2025

    SECURITY AFFAIRS MALWARE NEWSLETTER ROUND 52

    Security / July 06, 2025

    Security Affairs newsletter Round 531 by Pierluigi Paganini – INTERNATIONAL EDITION

    Breaking News / July 06, 2025

    North Korea-linked threat actors spread macOS NimDoor malware via fake Zoom updates

    Malware / July 05, 2025

    Critical Sudo bugs expose major Linux distros to local Root exploits

    Security / July 04, 2025

    To contact me write an email to:

    Pierluigi Paganini :
    pierluigi.paganini@securityaffairs.co

    LEARN MORE

    QUICK LINKS

    • Home
    • Cyber Crime
    • Cyber warfare
    • APT
    • Data Breach
    • Deep Web
    • Digital ID
    • Hacking
    • Hacktivism
    • Intelligence
    • Internet of Things
    • Laws and regulations
    • Malware
    • Mobile
    • Reports
    • Security
    • Social Networks
    • Terrorism
    • ICS-SCADA
    • POLICIES
    • Contact me

    Copyright@securityaffairs 2024

    We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
    Cookie SettingsAccept All
    Manage consent

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities...
    Necessary
    Always Enabled
    Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
    Non-necessary
    Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
    SAVE & ACCEPT