|
Title: [2016-09-21]Brothers Face Jail Time for Allegedly Stealing Power to Mine Bitcoin Post by: a7mos on September 21, 2016, 09:49:12 PM Two brothers in the Netherlands face months in prison after allegedly siphoning power to fuel a small bitcoin mining operation, Dutch authorities said this week.
The case dates back to 2014, when the brothers, whose names weren’t disclosed, were caught allegedly stealing electricity from a local utility provider to power bitcoin mining devices at a location in Rotterdam. Prosecutors said this week that, in total, the brothers mined roughly €200k ($223k) worth of bitcoin prior to being caught. the full article link (http://www.coindesk.com/brothers-face-jail-time-allegedly-stealing-power-mine-bitcoins/) never steal electricity when you make money with it :D Title: Re: [2016-09-21]Brothers Face Jail Time for Allegedly Stealing Power to Mine Bitcoin Post by: Gahs on September 23, 2016, 06:20:49 AM That was not a wise move by the brothers, they should have know they would be caught sooner or later.
Paying their bills is nothing, considering the amount of profit they've made from the venture. Title: Re: [2016-09-21]Brothers Face Jail Time for Allegedly Stealing Power to Mine Bitcoin Post by: th3nolo on September 23, 2016, 09:01:48 PM So to mount a mining bitcoin you have to take into account the costs of electricity, and not try to cheat as in this case led to jail.
Mining interests me a lot, at least in my country electricity is cheap |