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1 posted on 01/02/2019 10:47:34 PM PST by 2ndDivisionVet
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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?


2 posted on 01/02/2019 10:59:49 PM PST by MadMax, the Grinning Reaper
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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.)
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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)
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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)
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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.)
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