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Post office manager arrested for mining cryptocurrency

Posted on October 24, 2022 by admin

Post office manager arrested for mining cryptocurrency

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Answer Post office manager arrested for mining cryptocurrency

Mining digital currencies in the workplace by employees and arresting them is a common issue in several regions of the world, which we have addressed in several articles on the Arab Bitcoin website.

Russian police recently arrested the former head of a regional post office who used his branch computers to mine cryptocurrency.

According to an article published by RNS On May 27, the suspect illegally installed and connected computers to perform the mining operation, relying on the internet and electricity of the establishment in which he works.

It is reported that after that, he used this equipment for six months.

The former head of the post office, who ran a branch in the town of Mineralnye Vody, caused damages of 30,000 rubles (about $427) and was accused of “abuse of power,” according to the RNS website.

Read:Out of the flock…AXS cryptocurrency rises by 50% and reaches a new peak

As we were told at the beginning of the article, this is not the first time an employee has used state computers to mine cryptocurrency.

In September 2019, Denis Bykov, who worked at a Russian nuclear warhead factory, was fined 450,000 rubles (about $7,000) for using the facility’s supercomputer to mine bitcoin.

The supercomputer that was capable of executing 1,000 trillion transactions per second was turned on, and two other employees were involved in the same process.

Tatiana Zaleskaya, a spokeswoman for the facility, told Russian media outlet RBC that they used official computing power for personal purposes, including so-called mining.

In March, Russian police arrested several miners who stole $200,000 worth of electricity per month to mine Bitcoin.

She said The Russian Ministry of Internal Affairs, in a statement:

Outside Russian cities, there are many abandoned poultry farms and gymnasiums that illegal miners are exploiting to mine bitcoin using stolen electricity.

Read:Samsung is looking to launch a cryptocurrency trading platform in 2023…Details here

Read also:

After Bitcoin’s Rise… Old Mining Machines Are Profitable Again

Space mining and its future impact on digital currencies


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