Monday, October 8, 2018

Chinese man arrested for stealing electricity to mine Bitcoin


IĆ¢€™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 railwayĆ¢€™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…

This story continues at The Next Web

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https://ift.tt/2IJfdS0 support@endlesssupplies.ca (Endless Supplies .Ca) October 08, 2018 at 08:04AM

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