Increased Power Usage Leads to Mistaken Pot Busts for Bitcoin Miners
c0lo writes "The Canadian town of Mission, BC has a bylaw that allows the town's Public Safety Inspection Team to search people's homes for grow ops if they are using more than 93 kWh of electricity per day. There have allegedly been reports floating in IRC of two different cases of police showing up at a Bitcoin miner's residence with a search warrant. Ohio police and the DEA file at least 60 subpoenas each month for energy-use records of people suspected of running an indoor pot growing operation. DEA Agent Anthony Marotta said high electricity usage does not always mean the residence is an indoor pot farm and has surprised federal agents. 'We thought it was a major grow operation ... but this guy had some kind of business involving computers. I don't know how many computer servers we found in his home.'"
Seriously, this is getting annoying. Editors, you guys need to knock it off. The bitcoin fanatics are using you as an advertising push. It is getting annoying. Leave off it already.
They spent more on those machines, and on the electricity to run them, than they ever will 'mining' bitcoins.
So if you want to grow pot mine a bunch of bitcoins and get the police to inspect your house. Once that's done setup your grow operation, because the suspicion has been relieved?
"Ubuntu" -- an African word, meaning "Slackware is too hard for me". - stolen from Dan C alt.os.linux.slackware
"Rumors floating around IRC" strikes me as somewhere between Fox News and Homeless Guy on Street Corner in terms of credibility. This is exactly the sort of story that someone would make up as a joke, and people would repeat as though it's real.
The first four paragraphs are nothing but gushing about bitcoins, no mention of the bust at all. The 5ths finally makes a mention of the power thing and then there's a bit of talk about the alleged bust from the wonderfully reliable source of "IRC". Then more shit about how bitcoin is a cool "P2P" currency then a video about bitcoins.
The fucking thing is a bitcoin promotion and just more of the "Oh look at how awesome and scary it is!" crap. I have serious doubts the event in question ever happened. This is astroturfing.
Any journalist will tell you that you lead with the most important stuff. Each subsequent paragraph is less likely to be read. So if this was about rights and a real event the first paragraph would go more along the lines of:
"What was supposed to be a bust for a pot growing operation went wrong for police when the discovered a house with nothing but a large number of computers working overtime. Police obtained a warrant for the house of $some_guy due to energy company records showing an unusually high amount of usage, often a sign of a marijuana growing location. However no drugs were found, instead just mean computers which were engaged in a process called 'bitcoin mining."
Then maybe a paragraph about bitcoins, then one about drug ops and power usage and so on. That it starts with bitcoins and goes for 5 paragraphs tells you that the article is all about that, not the supposed rights issue.
Right which brings us to the key difference between bitcoin and regular government money.
Government money has value because you HAVE to use it to deal with the government and dealing with the governement is basically unavoidable. Many private sellers don't take anything other than government money (or bank credits that are effectively equivilent to government money) either.
OTOH bitcoins can only be spent at a relatively small number of places most of which take government currency (or bank credits that are effectively equivilent to government currency) as well. So there is far more chance of it becoming worthless in a relatively short time. Especially if governments start trying to crack down on users.
note: i'm known as plugwash most places but i screwd up registering that here somehow in the past and now can't register