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Two principals in a Chinese school were captured using their employer's electricity to extract Ethereum, ETH according to the local HK01 news bulletin.
The report describes in detail how Puman Middle School employees in Hunan Province have seen excessive noise from computers in recent months, day and night, even during the holidays. The school's computer network has also slowed considerably over the same period of time, making it difficult for school staff to do their jobs.
Since the faculty could no longer bear the noise and the slow network, they sought answers to correct the situation. What they found were seven high-end mining plants running in one of the school's allegedly empty classrooms.
HK01 also reported that the principals had initially run the Ethereum mining facilities at home, but after realizing how expensive the electricity bill was, they moved the facilities to their workplace.
The principal of the school, Lei Hua, was fired and the vice-president, Wang Zhipeng, received an attention.
It really seems like people will try something to earn some cheap cryptocurrency.
In fact, at the beginning of the year, a Chinese man was arrested for stealing electricity from a railway station power line to my Bitcoin.
Published November 8, 2018 at 3:23 pm UTC
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