61-year Old Chinese Grandma Convicted For Stealing Electricity To Mine Bitcoin

[betty11]

Hahaha! grandma has found the real digital gold, she must have imagined "how do I let this god"? anyway her actions are condemn-able, but we can't deny she knows a valuable currency. 

[kawetsriyanto]

I really didn't expect this to happen. If done by young people or productive age it might be. But is a 61-year-old grandmother? Cool or wow? Or something sad?
Indeed, we know that many people are very enthusiastic about this one digital asset. Moreover, mining for some people is still very worthy.
Did the grandmother not think about the risks behind her actions? Or because he has done it for a long time so it has become a habit? We do not know the true condition of the grandmother.
Do we have to appreciate their courage and actions? Or sad about what was done?

[BrewMaster]

I really didn't expect this to happen. If done by young people or productive age it might be. But is a 61-year-old grandmother? Cool or wow? Or something sad?

there isn't that much room for surprise in my opinion and not much "cool" thing about this news either. there are so many people who jump into things they don't understand just because someone hypes them up and the greed usually blinds them to the illegality of their actions (stealing electricity) so eventually they have to pay for their mistakes.

[Netnox]

Chinese laws can be tough and we can expect this grandma to go to jail, at least for a few months. And this is not the first incident. A few weeks back there was the news of a man sentenced to 3 years in jail for the same crime. According to the authorities, he stole electricity worth a few hundred thousand USD. In this case, I expect the quantum of punishment to be lower.

[piebeyb]

it doesn't make sense if it happens in my country, maybe 61 years is already quite old and I don't think it will go into jail but maybe only in a nursing home, so what surprised me is why a grandmother has the will to be part of technology this crypto currency, even though there are many out there young people who don't want to know this technology 

[bittraffic]

I really didn't expect this to happen. If done by young people or productive age it might be. But is a 61-year-old grandmother? Cool or wow? Or something sad?

there isn't that much room for surprise in my opinion and not much "cool" thing about this news either. there are so many people who jump into things they don't understand just because someone hypes them up and the greed usually blinds them to the illegality of their actions (stealing electricity) so eventually they have to pay for their mistakes.

If she were just not so old I wouldn't find it surprising so this old lady figured it out by herself how to set up nodes and steal electricity from someone's line. I'm almost sure someone maybe techie enough to have set it up  and let her guard  the machines. Its not just her. On the hand it makes sense why they steal electricity, it looks like they  are not profiting from it.

[Muzika]

A Thursday report from China disclosed that the Kaiping District People’s Court of Tangshan City, Hebei Province has sentenced a 61-year-old woman to prison for stealing national power resources for the mining of bitcoin.

https://coinfomania.com/61-year-old-chinese-grandma-convicted-mining-bitcoin/

Just imagine seeing your grandma during holidays and asking, "what's keeping you busy?", and the responded will be, "mining bitcoin" . That will be priceless.  . So for 10 months, this old lady has been 'stealing electricity', but it look closely at the article, it looks like the profit is around $940 only. But she has to pay $1450 + jail time.

LOL, maybe she was too bored that is why she thinks to mine bitcoin and watch the daily progress and since she figured out that she does not earn profit due to consumption of electricity she now decided to steal electricity to earn profit without any expense. Unfortunately, she has been convicted and need to pay for the damages she had done plus suffering on the jail.

[Kakmakr]

Since when is there a age restriction on being a criminal? Old people can also commit crimes but it is just less common, because they had loads of time to learn lessons in life to prevent incidents like this.

A lot of people commit crimes out of necessity and I cannot see if this granny was doing this to survive or if she just did this as an experiment.  In any way, she falls under the same laws as anyone else. 

[ethereumhunter]

If she is not caught, I am sure that she will be the rich person in her city

But after all, she still gets the profit from mining bitcoin, and I think she will continue to mining bitcoin because she knows that bitcoin can give her more money from the mining. I am curious what hardware she uses to mining bitcoin and where she was running the hardware.

[joinfree]

This story is really sad because at this age such an old woman should be resting and not spending such an unpleasant times in jail but i also admire her courage though. China is one of the countries which have banned cryptocurrencies for a very long time and she ignored all these laws to set up her mining rig. That is sure some level of courage. Big ups old woman, and i hope the government grants you bail in no time. Stay safe!

[drumamat]

It's very fashionable grandmother.If even a grandmother in 61 years knows how to mine bitcoin,I am surprised by the degree of education of Chinese grandmothers.

[akamit]

I am not convinced that an old grandma understands how bitcoin mining works and she stole the electricity to mine bitcoin which is really weired, may be someone did that and she was caught instead. I am not a person who believes every media story and that is the reason i am skeptical about this news.

Maybe someone young from her family was really mining but when get caught they used grandma to tackle the lawsuit.
Saying because the lawsuit could be easy to tackle with an old lady over a young one, just wondering. Maybe the sentence is low for old persons.

It is possible to tackle the issue with an elderly person, but it is really a cruelty if that is the truth, even i do not think that a old person could mine bitcoin, i am not sure whether that old lady is a IT expert or into electronics, if not there is no way in hell she is able to set a mining farm on her own. The article says that she accepted that she mined bitcoin, i think that old lady is covering for someone else in the family.

If that's true then it's really a cruel move done by the family, but if we think deeper then it's probably a smart move.

Because old persons can get BAIL easily and the young ones are not.
An easy and acceptable approach by defending lawyers could be "to consider her age and illness etc". It's not a killing case, it's just a case of stealing electricity.

I don't know how Chinese law works but in my place senior citizens can get bail for such a low crime. Though it needs some money to spend. 

[coolcoinz]

I really didn't expect this to happen. If done by young people or productive age it might be. But is a 61-year-old grandmother? Cool or wow? Or something sad?

there isn't that much room for surprise in my opinion and not much "cool" thing about this news either. there are so many people who jump into things they don't understand just because someone hypes them up and the greed usually blinds them to the illegality of their actions (stealing electricity) so eventually they have to pay for their mistakes.

Opportunity makes a thief. Do you know why this saying is true in her case? Electricity is basically unprotected. It's there, outside your home, available for anyone who knows how to connect 2 wires. She made a mistake and will face the consequences, but let's not make a criminal mastermind out of her. Millions of people steal electricity, it's not a big deal. In India it's as common as urinating on the pavement. I guess if she was planting weed or stealing electricity to do the laundry there wouldn't even be an article about her.

[jak3]

I can understand old people need money but never seen such actions taken for money. if old people can adapt to technology at this rate then I have no doubt about living in the internet :p. the internet is surely full of surprises and here is an example of it.never expected to see anything like this in my life yet it still did. grandma Rocks !!

[buwaytress]

Seriously, this is the funniest piece of news I've seen in a while. Didn't even bother reading it in details but you guys if you're not familiar with grandmothers from our part of the world, they be some of the nastiest people ever. Would do anything, for a son/daughter, probably that's what happened here. Maybe not much different from nans in any other part of the world maybe?

Reminds me, plenty of people bragging online these days about stealing electricity.

[Moiyah]

Too interesting but unfortunately, Grandma still did the illegal thing and has to pay for it. Seeing an old lady suffering from this mess, I hope it could be an eye opener for a miner not to do this anymore. If they can't afford to pay the electricity, stop mining. Lol. It is not profitable nowadays to mine crypto coins.

[CryptoBry]

I get surprised of a 61 year grandma knowing about mining and running a rig. It is truly unbelievable, because in my country even the younger generation doesn't have any idea about bitcoin. This describes the growth of bitcoin within China as a trading asset as well in mining. These might also be the reason for China government to come up with plans to stop mining process within the country.

There is also a possibility that grandma just took the "crime" so that the sentence can be less if the real culprit can be sentenced. Anyway, this highlights that in China people are still interested to do business related to bitcoin and cryptocurrency in general but sadly the government had already closed this avenue for them by banning bitcoin in 2017 and likewise with mining this year. The Chinese government is using the concern on power consumption as the reason why bitcoin mining has to stop....whether people like it or not.

[Vishnu.Reang]

I get surprised of a 61 year grandma knowing about mining and running a rig. It is truly unbelievable, because in my country even the younger generation doesn't have any idea about bitcoin. This describes the growth of bitcoin within China as a trading asset as well in mining. These might also be the reason for China government to come up with plans to stop mining process within the country.

There is also a possibility that grandma just took the "crime" so that the sentence can be less if the real culprit can be sentenced. Anyway, this highlights that in China people are still interested to do business related to bitcoin and cryptocurrency in general but sadly the government had already closed this avenue for them by banning bitcoin in 2017 and likewise with mining this year. The Chinese government is using the concern on power consumption as the reason why bitcoin mining has to stop....whether people like it or not.

Well... this is a probability. A 61-year old female doesn't fit with our description of the typical Bitcoin user. And I never though about it. It looks like some of her relatives were stealing electricity for Bitcoin mining and when it was caught she came forward and admitted the crime. The charges are not going to last and most likely she will be acquitted.

[Ray55]

If a young person is doing such a work of stealing electric power, he can also be pardoned. But if a 61-year-old experienced old woman has done such a thing then I think it's really shameful. If you look at it in other ways it is really a fun incident. Usually, we do not see any such incident. Anyway, many thanks to my grandmother for doing such a funny crime.

[Evgenklm]

Of course, an elderly person is a pity, I think there are pitfalls in this story, maybe a grandson or a son did this and the grandmother took the blame. And it is not clear how she stole electricity from the state, the article does not describe.