High-power mining hidden in the shadow of nursing homes

Hong Kong police destroyed an illegal Bitcoin mining facility located in a nursing home and found that it involved electricity theft of about HK$9,000. Hidden under daily maintenance protocols, the facility bypasses energy permits, raising concerns about infrastructure abuse. Authorities are investigating the size and responsible parties of the facility and may impose penalties such as fines and imprisonment under strict local laws. The incident highlights the increasingly severe regulatory challenges surrounding the intensity of energy in cryptocurrency mining.