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Chinese Headmaster Fired over Secret Mining of Cryptocoins at School

posted by martyb on Saturday November 10 2018, @06:44AM   Printer-friendly
from the TANSTAAFL dept.

Phoenix666 writes:

BBC:

A Chinese headmaster has been fired after a secret stack of crypto-currency mining machines was found connected to his school's electricity supply.

Teachers at the school in Hunan became suspicious of a whirring noise that continued day and night, local media report.

This led to the discovery of the machines, which were mining the crypto-currency Ethereum.

They racked up an electricity bill of 14,700 yuan (£1,600).

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  • (Score: 0) by Anonymous Coward on Saturday November 10 2018, @07:29AM (3 children)

    by Anonymous Coward on Saturday November 10 2018, @07:29AM (#760273)

    News at 11.

  • (Score: 0) by Anonymous Coward on Saturday November 10 2018, @09:37AM (2 children)

    by Anonymous Coward on Saturday November 10 2018, @09:37AM (#760291)

    "Man steals electricity" with cryptomining.

    News at 11.

    • (Score: 0) by Anonymous Coward on Saturday November 10 2018, @11:07AM (1 child)

      by Anonymous Coward on Saturday November 10 2018, @11:07AM (#760298)

      Man steals more electricity than he earned with cryptomining.

      News at 11.

      • (Score: 1, Insightful) by Anonymous Coward on Saturday November 10 2018, @07:38PM

        by Anonymous Coward on Saturday November 10 2018, @07:38PM (#760468)

        Man in position of respect and authority falls victim to greed after hearing about internet fantasy money.
        Film at 11.