Railway workers caught mining Bitcoin with state electricity in Ukraine

Employees at the Ukranian Railways have been caught red-handed secretly running a Bitcoin mining farm, costing the state more than $40,000 in power. According to an announcement by Ukrzaliznytsia, the country’s state-owned rail transport provider, the surreptitious cryptocurrency mining operation was reported by Oleg Nazaruk, the company‘s director of the department of economic and information security. “During the inspection of the premises where the so-called farm was located, more than 100 pieces of computer equipment were identified that were generating Bitcoins. The aforementioned equipment was connected to the Ukrzaliznytsia power grid. The estimated amount of losses since the beginning of the year is UAH 1… This story continues at The Next WebOr just read more coverage about: Bitcoin

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