Cryptominer in Taiwan must pay a fine for using private electricity

The Changhua City Court recently ordered crypto miners to pay approximately $55,547 for improper use of electricity for crypto mining operations. Cryptominer, whose last name is Cheng, will install 20 devices on the private line, which are oddly unconnected to the electricity meter. Therefore, the owner of the company does not have a report on electricity consumption.

Crypto miners now face severe penalties for operating illegal farms and consuming energy that is not within their jurisdiction. In his defense, Cheng said he had no idea what was going on and that his father installed it before he died.

Illegal crypto mining operation in Taiwan

Since early 2022, Taiwanese authorities, both the Changhua City Police and inspectors from the Taipower company, have been investigating the strange energy use. In January, the utility discovered that Cheng had illegally installed 20 computers for his crypto miner. In addition, Taipower sued the city for theft of electricity indefinitely.

However, the Changhua prosecutor refused to accept that it was a robbery and an attempt to hide payments from Taipower. Because the investigation showed that the company tried to get Cheng to cancel the service, but all this happened without a negotiated contract.

According to the agreement made by Taipower, they have the right to almost double the electricity bill every year if it is confirmed that there is a violation against their customers. Cheng’s defense argued that the residents did not know about the robbery and should therefore not be prosecuted.

Likewise, the cryptominer stated that it only needed to pay off 7 months of debt, not a year as Taipower cited in the lawsuit. Citizen backed his defense with a police investigation into allegedly owning a crypto mining farm operating since the third quarter of 2020.

Taiwanese crypto miners can reach a deal

The crypto miner’s defense indicated that Cheng only had to pay 584 NT instead of 1,654,308 NT as the utility claimed. That’s because the lawyers found it irrelevant that Taipower had almost doubled the debt for something Cheng didn’t know about.

Eventually, the trial concluded that Cheng would pay the bills from December 2019 to 2021 when he was discovered. Taipower did not win in court but pointed out that it is a company that opposes crypto mining activities in the country and will change the bill. It is not known exactly what type of token Cheng will mine on the farm, although it is believed to be Bitcoin as it is the most valuable cryptocurrency on the virtual market.

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