Some 11 people were arrested, including a security

guard, in what Icelandic media have dubbed the "Big Bitcoin Heist." A judge at the Reykjanes District Court on Friday ordered two people to remain in custody.
The powerful computers, which have not yet been found, are worth almost $2 million. But if the stolen equipment is used for its original purpose—to create new bitcoins—the thieves could turn a massive profit in an untraceable currency without ever selling the items.
"This is a grand theft on a scale unseen before," said Olafur Helgi Kjartansson, the police commissioner on the southwestern Reykjanes peninsula, where two of the burglaries took place. "Everything points to this being a highly organized crime."
Three of four burglaries took place in December and a fourth took place in January, but authorities did not make the news public earlier in hopes of tracking down the thieves.
Bitcoin is a kind of digital money that isn't tied to a bank or a government. It has been hugely volatile, posting some dizzying intra-day rises and falls over the past year or so. The price of a single  rocketed to nearly $20,000 late last year and then plunged early this year. On Friday, it was trading just below the $11,000 mark.


Read more at: https://phys.org/news/2018-03-bitcoin-heist-powerful-stolen-iceland.html#jCp