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BITCOIN MINING IN THE OFFICE............Government Staffers Fired in Crimea!

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TWO EMPLOYEES of the Council of Ministers of Crimea, part of the territory's executive branch has been fired for mining bitcoin at work.

Fireinthebone gathered that the two IT workers employed by the government of Crimea had reportedly installed mining software on computers owned by the council, though the report did not specify for how long the illegal activity has been in place.

Through mining – the energy-intensive process by which new transactions are added to a blockchain – the two were said to have raised only a small amount of bitcoin before being discovered.

Whether the government is pursuing charges against the individuals remains uncertain at this time.

The incident is the latest instance in which an employee used official resources to mine bitcoin – only to get caught and terminated for doing so.

In January, an IT employee for the Federal Reserve board of directors was fined $5,000 and put on probation after using a server to mine bitcoins. Later in July, a New York City employee was disciplined after being caught using a government computer to mine bitcoins.

This illicit activity is fast becoming the pastime of crypto savvy IT employees  with the knowledge and skill to mine bitcoin to make fast money at the expense of their employers.


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