Teachers Of A Chinese School Caught Mining Ethereum At Work

According to HK01 (a local news outlet), two Chinese school principals were caught making use of their employer’s electricity to mine Ethereum.

The report explained how the Puman Middle School employees at in Hunan province over the past few months, had been hearing a very loud noise from computers 24/7, even when the school was on holidays.

Ethereum (ETH) Price Today – BTC / USD

Name Price24H (%)
Bitcoin (BTC)
$5,317.00
1.40%
Ethereum (ETH)
$174.45
1.18%

The IT network of this school was slowed to a noticeable level during this same period, which made it very difficult for the staff of this school to do their jobs.

After some time, the faculty could no longer cope with the excessive noise as well as the slow network, so they went in search of answers in order to solve the situation. What they discovered were 7 high-end mining rigs running in one of vacant classrooms of the school.

HK01 also revealed that, at first the principals were running these Ethereum mining rigs from home, but realizing that their electricity bills were increasing greatly, decided to move the rigs to their work place.

Lei Hua (the Principal of the school) has been fired, and Wang Zhipeng (the vice principal), has been cautioned.

This seems like people can do anything to make for themselves, some cryptocurrency at low cost. At the start of 2018, a Chinese man was arrested for stealing electricity from the power line of a train station in order to mine Bitcoin.

 

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