Police recover stolen bitcoin mining computers worth $579,000

Los Angeles police have arrested a Canyon Nation man on suspicion of possessing $579,000 in stolen bitcoin mining computer systems.

Bryan Thola, 26, was launched on his personal recognizance from a Van Nuys jail early Friday morning, in line with inmate jail information. He was arrested on suspicion of possessing stolen property, a felony.

Police discovered what appeared to be dozens of laptop towers stacked in Thola’s cargo van and a public storage unit.

Bitcoin mining computer systems are specialised units that create new items of cryptocurrency by fixing troublesome mathematical puzzles utilizing trial and error. The extra computer systems you may have, the sooner you possibly can create extra bitcoin. Bitcoin miners ensure every transaction is verified inside minutes and publicly out there, in line with Fidelity Investments.

LAPD Lt. Michael McComas stated the investigation was ongoing and he couldn’t launch every other details about the case or the stolen computer systems. Police ask anybody with info to name the LAPD Industrial Crimes Division at (213) 486-5920.

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This story initially appeared in Los Angeles Times.