Russian Nuclear Scientist Docked $7,000 for Illegal Bitcoin Mining

Russian Nuclear Scientist Docked $7,000 for Illegal Bitcoin Mining
ôîòî ïîêàçàíî ñ : bitcoinist.com

2019-10-1 14:00

A Russian nuclear engineer has been fined $7,000 for illegal bitcoin mining at a top-secret nuclear base.

Scientists at Top-Secret Nuclear Lab Caught Mining Bitcoin

According to The Moscow Times, Denis Baykov, a nuclear engineer at the Sarov nuclear base has been fined $7,000 for illegally using the plant’s supercomputers for bitcoin mining.

According to reports, Baykov accessed supercomputers on the site on September 17 to mine bitcoin in violation of the plant’s rules regarding computer operation.

Sarov which lies about 250 miles outside of Moscow is one of Russia’s oldest nuclear bases. The Sarov nuclear center is also where the old Soviet Union created its first atomic weapon back in 1949 and houses powerful supercomputers.

Baykov is the latest scientist at the center docked for diverting computing resources to mine bitcoin.

Two other scientists at the base — Andrei Shatokin and Andrei Rybkin are also facing charges relating to illegal bitcoin mining. Both men are still awaiting a decision from the court.

According to Alexei Kovalyov, defense counsel for one of the accused scientists said his client employed means to avoid detection and had successfully mined some bitcoin before being caught.

Kovalyov’s conjecture points to the fact that perhaps someone inside the base ratted out the bitcoin miners, adding:

I can say one thing for sure: they were not detained on the first day they began to mine.

Mining Anywhere and Everywhere

A top-secret Russian nuclear weapons facility is one of a growing list of bizarre locations for bitcoin mining around the world. The activity seems to no longer be restricted to vast mining farms in places like China and North America.

‘instead, there are reports of crypto mining activities in college dorms, workplaces, and anywhere else with electricity and internet connection. Earlier in the year, bitcoin miners in Iran reportedly flocked to mosques to enjoy free electricity.

This trend led to authorities in Tehran enacting a special electricity tariff for crypto miners. This act also legalized the industry in the country, with the government offering a substantial tax holiday to miners to repatriate their foreign earnings.

Since the hash rate fell by 45% in December 2018, the computing power expended on the Bitcoin network has risen dramatically. Fears of a mining capitulation have given way in 2019 to increased bitcoin mining activity.

What do you think about people using work computers to mine for bitcoin and other cryptocurrencies? Let us know in the comments below.

Images via Shutterstock

The post Russian Nuclear Scientist Docked $7,000 for Illegal Bitcoin Mining appeared first on Bitcoinist.com.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Speed Mining Service (SMS) íà Currencies.ru

$ 1.9622 (+0.00%)
Îáúåì 24H $0
Èçìåíåèÿ 24h: 0.00 %, 7d: 0.00 %
Cåãîäíÿ L: $1.9622 - H: $1.9622
Êàïèòàëèçàöèÿ $205.406k Rank 99999
Äîñòóïíî / Âñåãî 104.68k SMS

nuclear bitcoin mining russian illegal docked according

Èñòî÷íèê: bitcoinist.com

nuclear bitcoin → Ðåçóëüòàòîâ: 41


Bitcoin mining farm in China allegedly burns down as coin records minor fall in hash rate

Adding to China’s list of crypto-disasters this year, a local mining farm has allegedly caught fire for reasons that are yet to revealed. The disaster that befell the Innosilicon-powered data center’s was first reported on Twitter by @OGBTC, who tweeted, “The big datacenter from Innosilicon just went nuclear $BTC“ The above image was posted as […] The post Bitcoin mining farm in China allegedly burns down as coin records minor fall in hash rate appeared first on AMBCrypto.

2019-10-1 08:41


Ôîòî:

U.S. Treasury Sanctions Notorious North Korean Hacking Groups 

The United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed strict sanctions on “Lazarus,” “Bluenoroff,” and “Andariel,” three North Korean state-run hacking groups that have allegedly hacked several bitcoin trading venues, banks and other financial institutions, in an effort to fund the region’s nuclear weapons and ballistic missile programs, reportsRead MoreRead More.

2019-9-16 17:00


Nuclear Crypto Market Winter is “Confirmed” Over, Bitcoin Jumps Ahead of its “Intrinsic Value”

13 reasons why – crypto winter is over Bitcoin mirrors the boom-bust pattern of 2017 The ongoing month has proved to be a month of great greens as Bitcoin surged from around $5,200 to $8,200. Moreover, it has been now “confirmed” that the crypto winter is finally over. BTC 1d +7.62%BTC 1w +10.97%BTC 1m +50.89%BTC 3m […]

2019-5-20 19:06


Ôîòî:

North Korean Hackers Pivot Towards Cryptocurrency to Fund Country’s Nuclear Program

North Korean hackers with the backing of Pyongyang are targeting cryptocurrency exchange platforms as part of efforts to raise funding for the country’s nuclear weapons program. Wired reports that several international cybersecurity experts believe a hacking syndicate based in the country is also responsible for attacks against banks across the globe.

2019-4-5 13:00


Even During Nuclear Winter, the Largest Crypto Asset Manager Controls Nearly $1 Billion

Cryptocurrencies have continued to stumble, but one organization has been making promising strides in the back offices of the Bitcoin space.  Grayscale Investments, a wholly-owned subsidiary of the crypto conglomerate that is the New York-based Digital Currency Group, revealed that its products secured millions in investment amid the so-called “crypto winter.

2019-2-15 18:11


Ôîòî:

Civic CEO: If Bitcoin (BTC) Breaks $3,000, Crypto Winter Will Go “Nuclear”

$3,300 An Essential Bitcoin Price Level, Says Analyst As hinted at in a previous Ethereum World News report, the past few hours have been dismal for the broader cryptocurrency market. The aggregate value of all digital assets has fallen from $121 billion to $115 billion in a few hours’ time, as Bitcoin bulls lose traction to […] The post Civic CEO: If Bitcoin (BTC) Breaks $3,000, Crypto Winter Will Go “Nuclear” appeared first on Ethereum World News.

2019-1-28 13:00


Ôîòî:

How Bitcoin Mining Can Help Nuclear Reactors

Generating electricity closer to full capacity and at a constant rate is the most economical, technically simple and safe mode of operation at nuclear power plants, according to NEA. Bitcoin mining can help by utilizing the excess energy reactors can generate outside peak seasons and hours of consumption, reducing the stress from powering up and […] The post How Bitcoin Mining Can Help Nuclear Reactors appeared first on Bitcoin News.

2018-10-17 03:20


Ïàðòíåðû Currencies.ru

Ðåêëàìà íà Currencies.ru

Ñàìîå ñâåæåå íà Currencies.ru

Russia’s Legislative Body Considers Diving Into Crypto – Will They Mine Or Maul It?

Russia is dipping its toes into the world of cryptocurrency with a proposed bill aimed at legalizing and regulating crypto mining within its borders. The bill, submitted to the State Duma, the lower house of parliament, seeks to strike a balance between encouraging this new industry and mitigating potential risks. Related Reading: David Vs. Goliath? […]

Russia pilots new system for tracing crypto-to-fiat links

Russia’s central bank and Rosfinmonitoring pilot a new system to trace connections between crypto transactions and fiat operations. The Bank of Russia alongside Rosfinmonitoring, the country’s main body for financial intelligence, is working on a platform to detect connections between…