Post
Topic
Board Bitcoin Discussion
Re: Mining Bitcoin Using Free Electricity
by
harizen
on 13/08/2018, 13:58:56 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.

I don't see how it became an advantage to the situation.

Bitcoin Mining is not always about FREE ELECTRICITY. There are lots of things to be consider and don't be just amazed that everyone can start mining bitcoin easily just because of free electricity. There are users in the past claiming they have a low electricity consumption, free electricity etc. but where they are today? Will not go through the details as I doubt OP will read all comments here.

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?

No. I don't see how.

Will there be any legal charges if the students will get caught? Share me your thoughts.

Not a legal charge but a student can be expelled from the school. Unauthorized use of any things is prohibited in any sector.