600 powerful high performance servers specially designed for bitcoin mining. Plus 600 graphics cards, 100 processors, 100 power supplies, 100 motherboards and 100 sets of memory. All stolen by unknown thieves in Iceland!

According to the Associated Press and Visir, these are the items stolen by a coordinated gang of Icelandic robbers over the past two months. And although 11 people have allegedly been arrested and at least two of them are still in custody, none of the stolen machines have yet been found by the authorities.

The robberies, which took place between late December and early January, were apparently picked up by surveillance cameras by Advania, the server company hit by two of the three robberies. Advania had offered its customers access to bitcoin mining rigs, and it appears that this was the type of rigs that were stolen. The Associated Press reports that stolen machines are worth almost $2 million.

“This is a grand theft on a scale unseen before,” Police Commissioner Olafur Helgi Kjartansson said, according to the AP. “Everything points to this being a highly organized crime.”

“This is a grand theft on a scale unseen before,” Police Commissioner Olafur Helgi Kjartansson said, according to the AP. “Everything points to this being a highly organized crime.”

The AP reports that police are monitoring energy consumption throughout Iceland in case the thieves turn on their new computers and put a strain on the electricity grid, as this could potentially take them back to where the stolen computers are located.

Ads by Cointraffic