First Bitcoin Mining Arrest

In this case a Florida government employee was arrested for “mining Bitcoin”.  But there’s more to the story that is probably missing or inaccurate.

Many people use work resources to mine but this case is unique.  This IT manager apparently spent $22K using his workplace issued credit card on mining hardware including dozens of GPU cards.

Considering we are talking GPUs the IT manager was more probably mining Ethereum or another profitable coin.  It also could be he had some ASICs for Bitcoin running considering he racked up an extra $800/month in power consumption!

The moral of the story is that he wouldn’t have been arrested and charged with theft and fraud had he not used his work credit card.

I could see it being normal for an employee to be disciplined but its  a gray area especially for workplaces without applicable policies for mining.

As much I like mining here is one of the evils that it can impact anyone paying utilites.