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Secret Chinese cryptocurrency mine fires Chinese client



  Cryptocurrency 2018

A school operating Ethereum Mining reportedly had a headmaster in trouble in China according to reports.


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A Chinese headmaster lost his job after finding hidden cryptocurrency machines that sucked his school's electricity.

The Ethereum Mining Devices were discovered when teachers at the school in the southeastern province of Hunan became suspicious A buzzing sound they heard all day and all night, the BBC reported on Friday citing local media.

Cryptocurrency mining becomes more lucrative if you add processing power but that consumes a lot of power. The operation resulted in a charge of 14,700 yuan ($ 2,100) for the school.

Lei Hua, the director, allegedly installed eight mining machines between the summers of 2017 and 2018 in the computer room of his school. He apparently also brought in his deputy, and in January a ninth machine was added.

According to reports, the school's computer network was overburdened and lessons "hindered", which Lei fired in October, a formal warning to the vice president and confiscation of the profits of the operation by the local authorities.


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Already in March, a pair of Australian employees of the Bureau of Meteorology got into trouble, allegedly with government computers to dismantle the cryptocurrency .

Apple and Google Forbidden cryptocurrency mining on their devices in summer.

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