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Management Of Chinese School Is Involved In Illegal Mining

18:15 09/11/2018

The principal of a Chinese secondary school in Hunan Province and his deputy were punished for mining ether on nine computers worth $7,000 at their workplace, CoinDesk reports referring to local media.

A high level of noise, a slower operation of computers, and increased power consumption were noticed in one of the schools in Changzhou district in the last few months. The noise did not stop even on weekends and holidays. To all questions the principal Lei Hua was responding that the noise was made by air conditioners and equipment in the dining room.

Source: hk01.com

The teachers decided to figure out the source of problem by themselves and found powerful computers that belonged to the director and his deputy, which were mining ether around the clock in the programming class.

In the course of the investigation, it appeared that the director started to mine ether on the advice of his cousin, who convinced him of the benefits of this activity. After consulting with his wife, Lei Hua purchased mining equipment from his cousin and placed it at his home. However, he began to receive high electricity bills after a while.

The principal decided to bring the computers to the school dormitory first and then to the classes. Soon, his deputy Wang Zhipeng shared his interest and installed the computers in the laboratory of the cabinet of physics.

As a result, nine computers caused losses of more than $2,000 for school, the director was fired and expelled from the Chinese Communist Party, and his deputy received a warning.

As previously reported, South Korean police arrested five crypto jackers.

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