The doctor accused by the authorities installed mining a process where blocks are added to a blockchain, verifying transactions. It is also the process through which new bitcoin or some altcoins are created. equipment in the hospital, made use of its server and harnessed electrical power for more than a year.
- A doctor mined cryptocurrencies for a year with resources from a hospital
- The authorities accuse him of consuming electrical energy and causing damage to the facilities.
- Interest in cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. has skyrocketed in Russia in recent years
Authorities in Russia filed charges against a medical specialist, who allegedly installed mining equipment in a hospital center to mine cryptocurrencies clandestinely.
Captured for mining cryptocurrencies with state resources
According to local media reports, the specialist had been assigned to be in charge of IT security the term securities refers to a fungible and tradable financial instrument that carries a type of monetary value. at a hospital in Gorno-Altaisk, a city located in southern Siberia in Russia. The accused took advantage of the institution’s resources to operate mining devices from February 2021, making use of the health center’s server, and even using part of the empty facilities to place the equipment.
The investigation by authorities determined that the defendant had been illegally using the hospital’s electricity for approximately one year, causing property damage in the amount of $6,800.
While cryptomining activities are not prohibited in the country, the authorities allude to the fact that the use of resources in an illegal manner constitutes an outright crime, so they gathered all the evidence associated with their activities and proceeded to file the respective charges. It is worth noting that the courts have adopted a less than conciliatory attitude towards those who have stolen electricity from state entities for these purposes.
About crypto mining in Russia
This comes shortly after a report revealed that electricity consumption for cryptocurrency mining activities has increased 20-fold in the last five years, reflecting a growing interest in cryptocurrency mining in Russia.
Data released by various government institutions estimate that cryptocurrency mining accounts for between 0.64% and 2% of total electricity consumption in the Russian Federation. revealed the business news portal RBC and other Russian media, citing the report by Intelion. That’s as much as agriculture’s share of total consumption.
According to the study, Russia’s largest industrial-scale mining operators consume 40-45% of the electricity used for crypto mining in the country. The share of these miners contributors to a blockchain taking part in the process of mining. They can be professional miners or organizations with large-scale operations, or hobbyists who set up mining rigs at home or in the office. in the total volume how much cryptocurrency has been traded over a set period, such as the past 24 hours. of consumption has been growing by an average of 5% to 7% every year.
Regarding these data, the CEO of Intelion Data Systems Timofey Semyonov commented:
“The growing interest in computing Blockchain a distributed ledger system. A sequence of blocks, or units of digital information, stored consecutively in a public database. The basis for cryptocurrencies. The energy-intensive energy market an area or arena, online or offline, in which commercial dealings are conducted. in the context of a significant surplus of energy resources in several Russian regions undoubtedly opens up new opportunities not only for the participants in this market, but also for a significant number of industries and companies. areas related to this market”.
- 20 times increased electricity consumption of crypto mining in Russia in 5 years
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Article by Angel Di Matteo / DiarioBitocin
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