Post
Topic
Board Bitcoin Discussion
Re: Mining Bitcoin Using Free Electricity
by
genuin
on 13/08/2018, 08:35:39 UTC
https://www.newsbtc.com/2018/08/12/students-are-mining-bitcoin-in-university-dorms-campuses-are-alert/

Never though of this when I'm still in school but this is clearly profitable given the free source of electricity. I was so amazed by the creativity and intellect of those students taking advantage of the situation.  Grin

I don't have much knowledge about cyber security, is it really possible that the school's network will be compromised due to students mining activities using the schools internet connection? Will there be any legal charges if the students will get caught? Share me your thoughts.
By mining bitcoin using free electricity it does not make the value of bitcoin soar. Bitcoin soared at a high price is one factor due to expensive electricity rates. If you expect to mine bitcoin for free, it will make bitcoin worthless and investors will definitely leave. This is in my opinion