Bitcoin
Mexican Authorities Uncover Illicit Crypto Mining Operation in Puebla State
Law enforcement in Mexico seized mining hardware and electrical equipment at a remote mountain site suspected of stealing power for illegal cryptocurrency generation.
Authorities in Puebla, Mexico, uncovered an illicit cryptocurrency mining setup in the Sierra Norte mountains of Tlaola, seizing 300 graphics processing units, 80 medium-voltage terminals, and eight satellite antennas. The site is the fourth unauthorized mining facility discovered in the area since early 2025.
Investigators are looking into whether the facility diverted electricity from a nearby hydroelectric dam to power its hardware. Local residents reported hearing equipment noise from roughly one kilometer away from the site, which was located about two kilometers from the nearest village.
Security analyst David Saucedo stated that the scale of the installation indicates the involvement of organized criminal groups. The seizure comes as Chainalysis reported global illicit cryptocurrency transactions exceeding $154 billion in 2025, with production costs per bitcoin estimated near $45,000.
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