• Plus500

Caught Mining Dogecoin Ilegally

By Sharon Rowe
In Dogecoin
Feb 25th, 2014

If you are considering a career change with mining dogecoin (or any cryptocurrency) as your new chosen profession, one would suggest that you check the legal requirements of the system you intend to use, to mine the currency.

Mining is like a search-and-destroy mission.

Stewart Udall

Harvard University super computer used

A person, who at this time has kept their identity a secret, has been found to have set up a mining operation in the computer system at Harvard University. This anonymous person, has not been identified, as a student or an employee, but has used the fantastic system at the university to start a mining operation.

The length of time the mining operation has been running has not been divulged, nor to the amount of cryptocurrency that the person has successfully mined, using the university’s equipment. It has not yet been confirmed, if the person who has used the computers to mine this currency has been allowed to keep the currency they have accumulated, or if the university have taken possession of any money.

What they have been clear about, is their system should not be used for these purposes, it is there for the students and employees to research for courses that they are actively involved in. The university has made their position very clear; this person will no longer have access to the system for the length of time that they are associated with the university. This person has now lost the use of the computer system for any research that they might have been required to participate in.

It is a sad day that the cryptocurrency market is blighted with yet another possibility of criminal activity. In recent months there have been  a spate of incidents that have shown the world that cryptocurrency markets have their fair share of issues, but just because they are based mostly on the internet doesn’t mean that peoples action will go unnoticed or unpunished.

Comments are closed.