He was doing what!?

[Mrrr]

Curious article just appeared, what was he doing?

http://www.volkskrant.nl/vk/nl/2686/Binnenland/article/detail/3627062/2014/04/02/Illegale-bitcoinproducent-opgepakt-in-Goirle.dhtml

Rough translation:

A 43 year old man from Tilburg was arrested yesterday for the illegal production of bitcoins, an electronic currency.The police announced today that they found 21 computers in an office building that were creating fake bitcoins.

Bitcoin consists of a code that is created by computers through a complicated mathematical process. A user can have his computer make new bitcoins by using software. In the event of a purchase the virtual coin can be exchanged between computers directly, without a middleman or transaction costs.

A police spokesperson explained today that the discovered computers used large processing power to crack a code that would have the suspect appear as the owner of the bitcoins. As of Wednesday the police still doesn't how much money the suspect made with it.

The suspect was found because he was illegally tapping energy. The suspect is, in any case, accused of stealing energy. He is still in custody. The computers have been seized.

Might be a delayed April fools, but I'm still curious as to what exactly the guy was doing with his 21 computers, as I can't honestly figure this one out from the press release lol.

[S4VV4S]

Curious article just appeared, what was he doing?

http://www.volkskrant.nl/vk/nl/2686/Binnenland/article/detail/3627062/2014/04/02/Illegale-bitcoinproducent-opgepakt-in-Goirle.dhtml

Rough translation:

A 43 year old man from Tilburg was arrested yesterday for the illegal production of bitcoins, an electronic currency.The police announced today that they found 21 computers in an office building that were creating fake bitcoins.

Bitcoin consists of a code that is created by computers through a complicated mathematical process. A user can have his computer make new bitcoins by using software. In the event of a purchase the virtual coin can be exchanged between computers directly, without a middleman or transaction costs.

A police spokesperson explained today that the discovered computers used large processing power to crack a code that would have the suspect appear as the owner of the bitcoins. As of Wednesday the police still doesn't how much money the suspect made with it.

The suspect was found because he was illegally tapping energy. The suspect is, in any case, accused of stealing energy. He is still in custody. The computers have been seized.

Might be a delayed April fools, but I'm still curious as to what exactly the guy was doing with his 21 computers, as I can't honestly figure this one out from the press release lol.

If this guy could actually create "fake" Bitcoins the NSA would have recruited him by now.

[dreamspark]

Im sure the English translations not great but they are clearly confused.

[ShopemNL]

He was tapping power thats all. Nothing to do with illegal or fake bitcoins. Peeps who made the statement don't know what there talking about thats the problem.

[Polycoin]

He was tapping power thats all. Nothing to do with illegal or fake bitcoins. Peeps who made the statement don't know what there talking about thats the problem.

If there is a "fake" bitcoin, it runs on a different chain and/or a copycat of the real bitcoin.

A good example would be a fork of Bitcoin, but since we don't have that, the next best explanation is:


He made a bitcoin clone, with the same name, wallet, everything etc etc, and pretends to pass it off as the real Bitcoin.

3rd best explanation is the article of this story is a retard who doesn't know what he's talking about.

[Bitcoin Magazine]

i mined 50 BTC using about $0.05 units of electricity.  lets make 3 BTC = 0.003 BTC 

[zolace]

Probably he was trying to do the same thing that another idiot did in 2011:to drive down bitcoin value!

[Mrrr]

He was tapping power thats all. Nothing to do with illegal or fake bitcoins. Peeps who made the statement don't know what there talking about thats the problem.

If there is a "fake" bitcoin, it runs on a different chain and/or a copycat of the real bitcoin.

A good example would be a fork of Bitcoin, but since we don't have that, the next best explanation is:


He made a bitcoin clone, with the same name, wallet, everything etc etc, and pretends to pass it off as the real Bitcoin.

3rd best explanation is the article of this story is a retard who doesn't know what he's talking about.

Why would he need 21 computers in that case? From the press release I gather that the man was posing as the owner of bitcoins which he did not possess. An act of evil that somehow involved 21 computers 'cracking code'.

[adds]

Isn't this just a misquote, and/or statments from people who don't know what Bitcoin is?

I read it, very simply, as "he was mining bitcoins using stolen power".  The 21 "computers", were probably just S1's or something.

[Mrrr]

He was tapping power thats all. Nothing to do with illegal or fake bitcoins. Peeps who made the statement don't know what there talking about thats the problem.

If there is a "fake" bitcoin, it runs on a different chain and/or a copycat of the real bitcoin.

A good example would be a fork of Bitcoin, but since we don't have that, the next best explanation is:


He made a bitcoin clone, with the same name, wallet, everything etc etc, and pretends to pass it off as the real Bitcoin.

3rd best explanation is the article of this story is a retard who doesn't know what he's talking about.

Why would he need 21 computers in that case? From the press release I gather that the man was posing as the owner of bitcoins which he did not possess. An act of evil that somehow involved 21 computers 'cracking code'.

Seems ShopemNL was right. Shiny example of terrible journalism. Man was only tapping power and the rest is the result of a distinct lack of understanding, misinterpretation by the media.

MYSTERY SOLVED.Volkskrant & Telegraaf nominated for the most poorly written bitcoin article of 2014 lol

[Bitram]

So it is not just fake, it was just stupid.