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Taiwanese Police Arrest Miner Accused of Stealing Millions in Power
Bitcoin ^
| December 29, 2018
| Samuel Haig
Posted on 01/02/2019 10:47:34 PM PST by 2ndDivisionVet
click here to read article
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To: 2ndDivisionVet
If the guy they arrested was a miner, will he have to serve jail time or just a “time out” penalty?
To: 2ndDivisionVet
So the moral of the story is,
A) Mining $3mm of coin will cost you (or someone else) $3.25mm of electricity.
B) Make sure it’s someone else’s electricity.
C) Don’t get caught.
He had A and B down.
3
posted on
01/02/2019 11:11:26 PM PST
by
mindburglar
(Don't bother. I don't debate.)
To: mindburglar
4
posted on
01/02/2019 11:15:01 PM PST
by
2ndDivisionVet
(You cannot invade the mainland US. There'd be a rifle behind every blade of grass.)
To: 2ndDivisionVet
That’s a great idea. Then move on to the next KOA for 25 bucks a night.
5
posted on
01/02/2019 11:17:39 PM PST
by
mindburglar
(Don't bother. I don't debate.)
To: mindburglar
Mining $3mm of coin will cost you (or someone else) $3.25mm of electricity.
—
Bitcoin converts electricity into Dutch tulip bulbs.
To: Flick Lives
7
posted on
01/03/2019 12:10:10 AM PST
by
mindburglar
(Don't bother. I don't debate.)
To: 2ndDivisionVet
my understanding is,
in most the world,
electricity is free, five finger discount
or not.
please enlighten me
8
posted on
01/03/2019 12:40:17 AM PST
by
RockyTx
(fr)
To: RockyTx
Clearly only legal, professional work done here...
9
posted on
01/03/2019 1:09:49 AM PST
by
EEGator
To: EEGator; Squantos; Chode; snooter55
Somebody forgot a Wire Nut on that 3rd Phase in the corner !
Please make out a Work Order for that.
10
posted on
01/03/2019 1:56:17 AM PST
by
mabarker1
(Congress- the opposite of PROGRESS!!! Tagline: (optional, printed after your name on post):)
To: mabarker1; Squantos; Chode; snooter55
11
posted on
01/03/2019 2:00:02 AM PST
by
EEGator
To: EEGator
LOL
Spoken like a True Union Professional...
12
posted on
01/03/2019 2:14:20 AM PST
by
mabarker1
(Congress- the opposite of PROGRESS!!! Tagline: (optional, printed after your name on post):)
To: mabarker1
13
posted on
01/03/2019 2:16:47 AM PST
by
EEGator
To: 2ndDivisionVet
When I read “miner”, I thought that the article would be about someone who worked at extracting minerals, not someone who produced cryptocurrency.
14
posted on
01/03/2019 4:23:55 AM PST
by
jmcenanly
("The more corrupt the state, the more laws." Tacitus, Publius Cornelius)
To: mabarker1; EEGator
kinda makes ya wonder how they traces it out
15
posted on
01/03/2019 4:24:34 AM PST
by
Chode
( WeÂ’re America, Bitch!)
To: 2ndDivisionVet
Just some advice from an electrical contractor friend. He told me of a case where the utility had a strong suspicion that electricity was being stolen from a residence. So they put a second meter up on the pole and compared the readings.
Obviously the pole meter recorded more usage, so they dug up the line to house and found the tap. The guy owned the house and this was also an electrical contractor...so he got the book thrown at him.
16
posted on
01/03/2019 5:06:10 AM PST
by
BobL
(I eat at McDonald's and shop at Walmart - I just don't tell anyone.)
To: Chode; EEGator
Awesome tag line Chode...... bitcoin miners are a dedicated bunch. One guy doing such is almost unheard of.
17
posted on
01/03/2019 5:34:59 AM PST
by
Squantos
(Be polite, be professional, but have a plan to kill everyone you meet ...)
To: mindburglar
I heat my house with electricity. I’ll just pull out my furnace and replace it with a bitcoin scam mining machine
18
posted on
01/03/2019 5:39:37 AM PST
by
Cold Heart
(The main purpose of The Wall is to protect the US from its own politicians.)
To: BobL
We had a guy off for payment take a 14ga wife off the top of the service to his panel, tried to run the whole house off that in the summer. Responded to the fire call and the Chief told us he suspected some “electric issues” before the structure collapsed. Those fire investigators are amazing, respect to them.
19
posted on
01/03/2019 5:42:22 AM PST
by
jughandle
(Big words anger me, keep talking.)
To: EEGator
Vietnam is the best at hotwiring their electrical supply:
20
posted on
01/03/2019 6:02:52 AM PST
by
BeauBo
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