Two directors steal electricity from school to mine Ethereum

in #ethereum6 years ago


Energy consumption is one of the black spots in cryptocurrency mining. In China, two directors took advantage of school electricity to mine Aether. However, executives realized this as a result of poor performance of internet networks and extravagant electricity bills.

Directors who undermine cryptocurrency


If the cryptocurrency is able to enrich a person in no time, its mining costs are also very high, because in a general context, the crypto-mining looks like a huge competition that does not allow the small grants 'hope for a decent return (talking about IT resources).

In this case reported by HK01, Two directors of middle school in Hunan Puman have begun to erode with the energy resources of the institution for personal gain for months before being arrested by the leaders.


Concealed mining activities in vacant rooms


It is obvious that cryptocurrency has nothing to do in a school, whatever the motivation. However, this does not preclude staff from using them to round their ends of the month in parallel with their duties in the establishment, provided they perform this activity outside.

According to the report, the suspected directors have already begun to mine cryptocurrencies at home in a completely legal context . However, aware of the inefficiency of the system and the low energy power of their homes, they decided to exploit that of the school.

It will be in a vacant room that they continue the process of mining by siphoning the electricity of the establishment via 9 ultra powerful computers estimated at 7000 dollars. In the end, this flight is represented by an invoice of 2163 dollars and according to the sources, the two directors were returned.

What do you think of this case of stealing electricity in a school? Comment in the comments section

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