Mining for cryptocurrency may be profitable. However can it’s finished with out stealing electrical energy?
Every so often we hear about extraordinary finds in a constructing’s forgotten crawl house — a Civil Struggle artifact, historic letters, a fancy dress from a traditional film.
However within the small city of Cohasset, Massachusetts, a amenities director made a extra fashionable discovery: a cryptocurrency mining operation. It was found on the native center and highschool constructing. The director discovered a room stuffed with superior computer systems, wiring and air flow gadgets, estimated to have price the varsity greater than $18,000 in stolen electrical energy.
An assistant amenities director was charged within the case, which raised a number of vital questions; Is it potential to mine for Bitcoin and different cryptocurrencies with out stealing electrical energy? And, what does it imply to “mine” for these ephemeral cash?
Professor Steven Gordon teaches info expertise at Babson Faculty in Massachusetts. He joins Right here & Now‘s Robin Younger for extra.
This text was initially printed on WBUR.org.
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