1) don't listen to the haters. Get bitcoind on that fat bitch ASAP
2) University student in trouble for tinkering with the supercomputer at the university he paid for? no way. Slap on the wrist at worst. in 1998 (lulz I'm old now) when in college and no1 knew about the free 10 mb of webspace each student had for free (lulz again) I collected all my friends' webspace and made a direct-download .mp3 sharing site. Boy did I make that netradio banner monies! Was called in eventually for my "kid shit" crime, they asked me what I was doing and I was like "sharing music with my friends obv" some lolertastic investigation was held, nothing came of it. I think I signed something saying I would not use University machines for cybercrime (i am pretty sure it said something like cyber-squatting actually. really wish I would have saved the form)
3) pool minded for 20 hrs should yield you ~ $1k USD or so. Gotta try it IMO
Wow. I was really hoping that outside of the BFL hate, you might be a decent guy. Apparently I was wrong.
Believe me, there is lots of misuse is going on
So because everyone else is misusing the university's scientific research facilities, means it's Ok for you to do it too? But hey, you're profiting from it, so it's OK, right?!
I am network admin. I am the one who kills this kind of activities. I am the party pooper. My point is that there is no punishment for that. Heck, even faculty misuses equipment. Worst thing I'd just disable abusing account. In reality United States is wasteful society. Hell, in 2004 I've been told to dumb 4 BRAND NEW WRAPPED IN PLASTIC HP network switches because they weren't up to specs and they were suppose to be cisco. Each switch was like $2500. Could I take them home? Nope, now THAT IS A THEFT. So I just dumped them. I've seen lots of amazing stuff in universities dumpsters. Some stuff was new or in a good working condition. In 2003 university bought mega expensive sun server. Very top of the line. OMG! WE'LL SO USE IT! In reality it was never used and collects the dust up to this day. So Borrowing resources isn't a theft.
I'm not saying it is good, I'm just say it is what it is. Private companies might be in different situation, there I can see they might be sensitive about it.