600 computers, which used to mine BTC and other cryptocurrencies, were stolen from a data center in Iceland. According to the local police, this has been the biggest theft in the countries history. In the early stage of investigation there are already 11 people arrested, one of them is the security guard who had been working for the data center. The total worth of the stolen assets is almost 2 million USD. Worth to note, this value is highly debatable, as the computers could already been set up and running to mine cryptos – meaning the total loss could exceed the amount that the hardware is worth.

Icelandic media has given the ‘big BTC heist‘ name for the burglary. “This is a grand theft on a scale unseen before.” police commissioner Olafur Helgi Kjartansson expressed during the NBC report. “Everything points to this being a highly organized crime.”

Local police has already contacted energy and internet providers, to ask for information whether any new request came in for additional bandwidth or power which could be a good lead for tracking down the location where the stolen machines are.

Iceland became a hot spot for crypto miners in the past few years, as the island has cheap renewable energy which is highly desired for mining activities.