Chinese man arrested for stealing electricity to mine Bitcoin

2018-10-8 15:45

I’ve heard some pretty innovative ways to avoid the electricity bill while mining cryptocurrency, but this is a new one. A Chinese man has been stealing electricity from a local railway network operator in order to power his Bitcoin mining rigs.

Exact details of how the man stole the electricity have not been confirmed, but it appears he hacked into the Chinese railway’s mains to steal $15,000 (104,000 yuan) of electricity. His cunning plan was derailed after getting arrested by the authorities, though. The Chinese man, Xu Xinghua, has been fined $14,500 (100,000 yuan) and sentenced to three and half…

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Japanese Man Free Company Electricity $ 500 Mutual Inc Mining

Daily SPA, a Japanese media outlet, has reported on a Japanese man using his company dormitory’s free electricity to mine cryptocurrencies without asking permission. Also read: Japan Gives Jail Sentence to Crypto Miner in a Remote Mining Case An Extraordinary Income “Virtual currencies are processed cryptographically,” Sora-san, a Japanese man working in a major Japanese manufacturing

2018-7-6 11:38


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