Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Yaunfitda on November 11, 2018, 11:08:37 AM



Title: Head Teachers in China Caught Red Handed Ether Mining at Work
Post by: Yaunfitda on November 11, 2018, 11:08:37 AM
This is a first,

https://bitcoinnews.com/head-teachers-in-china-caught-red-handed-ether-mining-at-work/

Quote
Two school principals in Hunan province, China, have gotten themselves into hot water for mining Ethereum at work.

Lei Hua, Principal of the Puman Middle School in Chenzhou, Hunan convinced his wife that mining Ethereum might be a good way to earn some extra income, then put 7 machines to work at school.

Lei was put on to the benefits of crypto mining by a cousin, prompting him to spend 10,000 yuan on equipment, one machine followed later by another 6 which he ran round the clock in one of the school’s classrooms. The only problem being between June and November last year he used over $2K of the school’s electricity.

So profitable were the school principal’s extracurricular activities that his vice- principal decided to join him. The activities were only tumbled when teaching staff observed unusual levels of noise emanating from the schools’ physics’ lab which clearly couldn’t have been caused by lessons, although the 24 whirring was originally put down to the school’s air conditioning. This noise was emanating from an extra two machines set up there by vice-principle Wang, also purchased from the principal’s cousin.

Lmao, not so smart principal. The idea is good btw, however, the method they used is not. Obviously, someone will notice the dramatic rise in school's electricity. Luckily the principal was just kick off of the school while the vice-principal was just reprimanded.


Title: Re: Head Teachers in China Caught Red Handed Ether Mining at Work
Post by: kutangterbang on November 11, 2018, 11:43:48 AM
This should not be done in school, because the Minner machine is very noisy, and very disturbing for student learning. then it will also waste electricity consumption. in my opinion the teacher like him was immediately fired, because it would hurt the school a lot


Title: Re: Head Teachers in China Caught Red Handed Ether Mining at Work
Post by: Jating on November 11, 2018, 11:58:41 AM
This should not be done in school, because the Minner machine is very noisy, and very disturbing for student learning. then it will also waste electricity consumption. in my opinion the teacher like him was immediately fired, because it would hurt the school a lot

Exactly, first the principal abuses his/her position, then he/she committed theft. So this is not to be taken lightly. I don't know what going on the mind of the principal, but it boils down to one reason alone, to make money and be greedy. Not good for someone who has a high position specially being the top head of a school.

I guess the principal should be also be jailed for this one because this is theft. And we all know that China government is really tough law regarding criminals. There were even reports prior of persons being caught stealing electricity for mining and receiving 3-5 years jail term.