Using computers at work for mining - what if?

[OkeyKO]

Hello
I don't want to provide detailed data, but at work I have access to over 20 computers. The computers aren't the newest, but would add more than 11x my processing power. If the employer finds out about it, can he claim compensation in the form of a dug currency?

[mocacinno]

Hello
I don't want to provide detailed data, but at work I have access to over 20 computers. The computers aren't the newest, but would add more than 11x my processing power. If the employer finds out about it, can he claim compensation in the form of a dug currency?

you're in the bitcoin mining subforum, so i'll give a bitcoin mining answer:
look at this: https://en.bitcoin.it/wiki/Non-specialized_hardware_comparison

Even a XEON cpu only hashes at @ 140 Mh/s... 20 of those would only run a less than 3 Gh/s..
Now put this into any "reasonable" mining calculator...

https://www.coinwarz.com/mining/bitcoin/calculator?h=3&p=3250.00&pc=0.0&pf=0.00&d=22335659268936.00000000&r=6.25000000&er=1&btcer=51381.36660000&ha=GH&hc=0.00&hs=-1&hq=1


You'd be risking your employment and being sued for 0.00000002 BTC/day (that's 2 satoshi's!!!). And i'm pretty sure those pc's you're talking about don't have Xeon Phi 5100 CPU's.... So your result will be a lot less...

If, by some miracle, you would get away with such a setup for a full year, you would have made something like 700 satoshi's... Or, at the current preev rate 36 cent... Well, probably a lot less since even an i7 runs at about half the hashrate of this Xeon Phi 5100 (on average... nobody benchmarks these things anymore because it's a bad idear to mine BTC using a cpu). I'm strongly against faucetting, but in this case i'd advice you to find a reputable faucet: it'll take less time and you'll make more money with far less risk of getting fired (unless your boss constantly sees you faucetting instead of working).

Even if you'd mine an altcoin (like monero), an old pc would still make peanuts... Really... Why would you risk getting fired for a couple of bucks? It's just not a smart idear...

[Mpenzi]

risky if your boss finds out.

[kano]

You will get nothing.
... and if you read the thread above that states clearly
"BITCOIN MINING INTRO & RULES OF THIS SUBFORUM - READ BEFORE POSTING"
https://bitcointalk.org/index.php?topic=2415854.0
you will have realised that your post is a waste of time.

If instead you spent 1c a day buying Bitcoin you'd have thousands of times the amount of BTC you could get wasting electricity on CPU mining.

[CryptoWebDirectory]

As others have mentioned, not only could you get fired for this, your boss could also sue you. It's not worth it - especially for what a normal computer could mine in a day. If anything, tell your boss if he wants to do it you'll set everything up and manage it, then the two of you can split the profit 50/50  

But seriously, it's not worth it for what you would probably make and the risk involved...

[kano]

...
But seriously, it's not worth it for what you would probably make and the risk involved...

It's not a 'probably' issue though.

You'd literally need about 3000000 computers to hash the same speed as a single 100TH/s miner that makes less than $30 dollars a day.

Not sure how you are going to power 3000000 computers for less than $30 a day either ...

So lets say you can hack into 1000 computers and get them CPU mining for you ... wow 1c a day ... you're gonna be rich ...

Though, no doubt, that was probably the first thought in all this: "How can I make myself rich using work's computers and power ..."

Answer: nope.

[avikz]

Hello
I don't want to provide detailed data, but at work I have access to over 20 computers. The computers aren't the newest, but would add more than 11x my processing power. If the employer finds out about it, can he claim compensation in the form of a dug currency?

If you have access to 20 computers and if you are sure that your employer is not going to found out your mining things, try mining Monero. This is a CPU only coin based on cryptoknight algorithm. And since you are not liable to pay the electricity bill, whatever you earn, will count as pure profit. Just rule out bitcoin mining because even 50 computers are not enough to mine bitcoin profitably.

As per your situation, Monero mining is the only profitable mining solution for you. However, I would suggest not to use your employers systems for mining kind of thing. If they found out, it won't take a minute for them to fire you.

[HagssFIN]

I think this whole case has very shady ethics and I will not say anything to help op

[JayDDee]

It's not your processing power, it's your employer's. If you mine and keep the earnings it's theft, plain and simple.
Is this too difficult to understand?

[UserU]

Electricity theft, and you keep the coins so 100% theft.

If I'm the employer, I'll keep your paycheck and fire you right away

[swogerino]

I don't want to discourage you but there has been lately a case here where someone I know has been asking me a lot for CPU mining and at first I didn't understand why so many questions.Then I saw it on the news that this person was caught using work PC-s for mining Monero with E3 V6 Xeons and it had a lot of PC-s at 2000 Kw/H making near 70 USD per day because he mined only after 9-5 time timetable had finished.He used a stealth script in order to mine this way,however some problems occurred at that company and one IT entered remotely to one of such PC-s and he saw what was going on.He reported it and now that person,one of my ex-colleagues a couple of years ago is without a job.He is lucky to not be accused of stealing energy and these kind of things from the employer otherwise he would be in jail now.

Bottom line stay away from stealing.

[aces777]

Little bit too late for that. Back in Highschool I heard of someone using 30 computers to mine Bitcoin, but that was like 2011 or 2012, I bet it was barely profitable back then. But if he hodled them, he must have made a lot of profit.

Kinda wish I was more immoral back then.

[vapourminer]

Back in Highschool I heard of someone using 30 computers to mine Bitcoin, but that was like 2011 or 2012, I bet it was barely profitable back then.

even in mid 2011 you needed pretty beefy gpus to mine bitcoin profitably, straight cpu mining for bitcoin was pretty much dead by then.

[adaseb]

Little bit too late for that. Back in Highschool I heard of someone using 30 computers to mine Bitcoin, but that was like 2011 or 2012, I bet it was barely profitable back then. But if he hodled them, he must have made a lot of profit.

Kinda wish I was more immoral back then.

I highly doubt he kept those bitcoins and I highly doubt he made lots of it. Normally on a university or high school computer system there is a format that takes place at midnight or so and the entire hard drive image is restored from scratch. They do this to prevent people installing tons of applications and viruses.

And like the above poster said, unless he was CPU mining with satoshi then most likely the network was dominated by GPUs. The cpu weren’t profitable for long before a GPU miner came out and the CPUs couldn’t compete with GPUs at all.

[Vann]

It was still possible to solo mine BTC with a single high end CPU in early 2011.

https://www.youtube.com/watch?v=C65B5yO9yVE&t=2604s

[FloridaKid]

So those computers are still working? You can't use them for mining because you will land into trouble sooner or later, I have a friend in same situation who ended making deal with his boss but things works only because the computers aren't in use for a long time

[crwth]

I think there are some people who do this with their employers and that's sad. It's probably violating their code or something. They might be into doing some other shady stuff once they have started doing it. If you are, you're not probably gonna get a rewarding result if you try now. Better to use the mining power with an altcoin that's kinda worth it and still can be mined with those types of computers.

[Gorosden]

You aren't permitted to do so better to ignore and move on or risk getting screw over at work, what's more important to you? Mining with companies computers or having a job secured? Save yourself the trouble it's not worth it