The Los Angeles Police Department (LAPD) is investigating the theft of $579,000 worth of Bitcoin ASIC miners allegedly stolen by Bryan Thola, a 26-year-old resident of Canyon Country, California.

Thola was arrested but subsequently released from LAPD's Van Nuys Jail on his own recognisance.

The theft involved storing the stolen miners in a cargo van at a public storage facility.

This incident follows a similar case in March where LAPD apprehended individuals for stealing $6.9 million in Bitcoin miners.

Authorities are seeking public assistance for any information related to the ongoing investigation.