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NSF Researcher Suspended For Mining Bitcoin

Posted by Unknown on from the probably-shouldn't-do-that dept.

PvtVoid (1252388) writes "In the semiannual report to Congress by the NSF Office of Inspector General, the organization said it received reports of a researcher who was using NSF-funded supercomputers at two universities to mine Bitcoin. The computationally intensive mining took up about $150,000 worth of NSF-supported computer use at the two universities to generate bitcoins worth about $8,000 to $10,000, according to the report. It did not name the researcher or the universities."

2 of 220 comments (clear)

  1. $150,000? by Anonymous Coward · · Score: 4, Interesting

    Is that figure just based on some arbitrary appraisal of the the machine's time or what?

  2. Re:Throw the book... maybe literally at him. by Mashiki · · Score: 4, Interesting

    ...because you buy time on modern supercomputers all the time, and can give us the real scoop, right?

    It's a fantasy in as much as the police reporting the "bust" of 4.8m worth of pot, actual street value probably 80k. Or the MPAA/RIAA saying that piracy costs 70 trillion* in lost revenue every year.

    *may or may not be true based on how well we can massage and fudge the fuck out of the numbers.

    --
    Om, nomnomnom...