Brazilian police seized 1,400 Bitcoin mining rigs in São Paulo after operators stole an estimated 2 GWh of electricity. Here's what it means for crypto.

Brazilian police seized 1,400 Bitcoin mining rigs in São Paulo after operators stole an estimated 2 GWh of electricity. Here's what it means for crypto.

Brazilian authorities seized 1,400 Bitcoin mining rigs in São Paulo that stole 2 GWh of electricity, enough to power 2,000 homes for a month.