Post
Topic
Board Bitcoin Discussion
Re: China: Man Sentenced to Prison for Stealing Railway Electricity to Mine Bitcoin
by
pitiflin
on 10/10/2018, 21:38:14 UTC
Quote
Although the Chinese regulatory bodies have maintained their distance from cryptocurrencies, it has not deterred the people in the country from partaking in the promising crypto mining industry – as a Chinese man was recently sentenced to 3.5 years in prison for stealing power from a train station to mine Bitcoin (BTC). The incident was reported by the local media outlet The Paper, on October 8, 2018.

https://btcmanager.com/chinese-man-prison-for-stealing-electricity-mine-bitcoin/

Oh well, he took the risk and now he is in jail.  I wonder how much he earn mining bitcoin  Grin because it means that he knows what his doing is wrong but I guess he see the $$$ that's why its worth a try. hehehe.
Its not funny but at the same time its not a clever thing to do either. While there were so many ways to get electricity to mine bitcoin or any crypto, he chose to use Railway Electricity? Are you kidding me?

Stop trying to spread false news firstly, the man got arrested for stealing electricity and not for mining bitcoin, although I can definitely imagine China doing that, but that's not the case right now.

Plus, what was he thinking? He stole electricity and mined bitcoin? Out of all the efficient cryptos, he chose bitcoin, wow. Bitcoin mining is useless unless you have a big mining farm.