This article is an interview with someone who is using their employers computer lab to mine for bitcoins. The employer happens to be a school somewhere in New York. The article does not say if the school is publicly or privately funded. The person being interviewed indicates that he is doing this for personal gain and says:
Is that illegal?
Well, Bitcoins are legal. Using the computers to do this? I am pretty sure that’s a grey area. I’d be hard-pressed to tell you which law I was breaking. I am pretty sure my employers wouldn’t be thrilled if they found it though.
Really!? This person doesn't think stealing electricity and other resources from their employer is illegal? This is not like stealing office supplies for person use. This is like stealing office supplies and opening up an office supply store.
@IT Director, your ignorance of the law and lack of a moral compass is surprising, and the fact that you were willing to be interviewed about this is even more surprising. I think you should either desist immediately, or take the idea of using school resources in this fashion to your employer and put the gains towards something that will benefit the school. Unfortunately, the 60 CPUs you have available for this purpose will likely not make for a compelling case in favor of this project.
Fascinating! 
