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Rosseti's losses from illegal mining reach 600 million rubles

Rosseti’s losses from illegal mining reach 600 million rubles

As a result of the operation of illegal mining farms, Rosseti has suffered a total of around 600 million rubles since 2017. This was reported in Rosseti’s Telegram channel.

The company also identified three largest cases of electricity theft. The ‘record-holders’ were miners from Elista, who opened a mining farm at the site of a reinforced concrete structures plant. Rosseti estimated the damage at almost 110 million rubles.

In second place by the amount of damage was a miner from Makhachkala. During a police search, they found 518 devices for mining cryptocurrency.

In third place were entrepreneurs from the Moscow region. The damage inflicted on Rosseti exceeded 32 million rubles.

Half of the identified illegal mining cases are in Dagestan.

A substantial portion of the debts has already been recovered through the courts, the company noted.

As of June 2020, Rosseti’s total losses from illegal mining amounted to 450 million rubles.

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