Mexico: Seizes 300 Crypto Mining Rigs at Dam

Mexico seized 300 crypto mining rigs illegally wired into a hydroelectric dam, exposing ongoing theft of public power for BTC operations. Authorities discovered the setup during a routine inspection, disconnecting the equipment that had drawn massive unauthorized loads. This raid underscores Mexico's tightening grip on unregulated crypto mining rigs that strain national grids and evade taxes. The incident adds pressure on global Bitcoin networks already facing scrutiny over energy consumption, while crypto mining operations in Latin America continue to seek cheap hydroelectric sources despite rising enforcement risks.