Crypto Mining Operations Uncovered in a School of Massachusetts

[cryptoupdate]

A former employee of a Massachusetts town is facing charges for allegedly establishing a clandestine cryptocurrency mining operation in a secluded crawl space at a school, according to police.​

The mining farm was exposed after an investigation into the suspicious power usage at the school.
In December 2021, Cohasset Middle-High School officials became suspicious when they discovered stray electrical wires and ductwork that seemed out of place. Upon further investigation, the Cohasset Police Department uncovered a cryptocurrency mining rig that had been secretly installed in the school's crawl space, illegally siphoning power from the school's electrical grid.
Cohasset is a town in Norfolk County, Massachusetts where the report revealed that approximately $18,000 worth of electricity had been stolen between April and December 2021. Upon further investigation, police discovered eleven GPUs, typically used for cryptocurrency mining, as well as coolers and other electrical equipment, hidden in the crawl space. This event has highlighted the possibility of other such setups in incentivized power grids...Read More

 

[PSTEAMtoken]

This sounds like nonesense and just a other propaganda anti crypto article. 11 GPUs will never use $18000 in 9 months that's $2000 per month. 11 GPUs running 24/7 will use under 70kw per day and that's of they very powerful GPUs that's 2100 kw so unless the school costs $1 per KW this is nonesense.