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Topic: Power Company Tip Leads to Bitcoin Mining Raid (Read 8393 times)

legendary
Activity: 3766
Merit: 1217
Lesson learnt: If you want to mine bitcoins, then use electricity from your own sources (such as portable solar panels). That said, this guy was incredibly stupid to keep weed at his home, when he was running such a risky operation.
member
Activity: 91
Merit: 10
never mine no bitcoin where you rest at

Do it abroad.. Panama maybe.
member
Activity: 89
Merit: 10
never mine no bitcoin where you rest at
newbie
Activity: 56
Merit: 0
this is such utter BS. As long as the man is paying his bill it's nobodies business how much power he's using.

I agree with you. However I have to suspect such things became socially acceptable for the same reason school teachers (at least in the US) are required to report domestic violence and other issues (I forget which ones) by law. "Oh, you don't want this to happen, so you have to report it to us!" The power company is likely under similar legislation; though it might just be a wink-and-nod agreement. We live in a police state; it breaks my heart to be unable to love my own country because of this kind of shit. Ok, I love my country, not the people who enforce and write the 'laws'.
I would say that at the very least electric/power companies should be investigating excessive usage. If a customer is using excessive electricity, the most common reason is likely a broken appliance and the customer is essentially paying more then they should be. If the electric company warns the customer of such excessive usage then they can take corrective action. (I know this does actually happen often with water companies, when for example people have a leaky pipe or a leaking toilet)


no usually it's for indoor weed...this time he was growing bitcoins and simply smoking the dope..case closed !! ;-)
sr. member
Activity: 374
Merit: 250
this is such utter BS. As long as the man is paying his bill it's nobodies business how much power he's using.

I agree with you. However I have to suspect such things became socially acceptable for the same reason school teachers (at least in the US) are required to report domestic violence and other issues (I forget which ones) by law. "Oh, you don't want this to happen, so you have to report it to us!" The power company is likely under similar legislation; though it might just be a wink-and-nod agreement. We live in a police state; it breaks my heart to be unable to love my own country because of this kind of shit. Ok, I love my country, not the people who enforce and write the 'laws'.
I would say that at the very least electric/power companies should be investigating excessive usage. If a customer is using excessive electricity, the most common reason is likely a broken appliance and the customer is essentially paying more then they should be. If the electric company warns the customer of such excessive usage then they can take corrective action. (I know this does actually happen often with water companies, when for example people have a leaky pipe or a leaking toilet)
newbie
Activity: 62
Merit: 0
this is such utter BS. As long as the man is paying his bill it's nobodies business how much power he's using.

I agree with you. However I have to suspect such things became socially acceptable for the same reason school teachers (at least in the US) are required to report domestic violence and other issues (I forget which ones) by law. "Oh, you don't want this to happen, so you have to report it to us!" The power company is likely under similar legislation; though it might just be a wink-and-nod agreement. We live in a police state; it breaks my heart to be unable to love my own country because of this kind of shit. Ok, I love my country, not the people who enforce and write the 'laws'.
sr. member
Activity: 374
Merit: 250
this is such utter BS. As long as the man is paying his bill it's nobodies business how much power he's using.
It is an unfortunate reality that the government is in "bed" with the utility companies. Just look at all the information that the phone companies provide to the government; I am actually somewhat surprised that we have not seen some kind of disclosure by Snowden about the information that utility companies give to the government
newbie
Activity: 23
Merit: 0
this is such utter BS. As long as the man is paying his bill it's nobodies business how much power he's using.
sr. member
Activity: 420
Merit: 250
Hold on second, they sized "a number of physical Bitcoins"?

Yeah I read that twice because I didn't get it either! What was he doing, showing them his physical bitcoins?
I think this is bad reporting by the author of the article (on the other hand the author could have been quoting someone in the police department). What he likely meant to say was they seized a number of physical bitcoin miners.
legendary
Activity: 2212
Merit: 1038
Hold on second, they sized "a number of physical Bitcoins"?

Yeah I read that twice because I didn't get it either! What was he doing, showing them his physical bitcoins?

This reminds me of:

"We saw Bitcoin in your bag and need to check." --

http://www.forbes.com/sites/kashmirhill/2014/03/03/why-the-tsa-hassled-a-traveler-with-bitcoin-in-his-bag/

I guess the authorities need to stay on-top of anybody who might try and smuggle Bitcoin out of the country via an airport.
hero member
Activity: 686
Merit: 500
Hold on second, they sized "a number of physical Bitcoins"?

Yeah I read that twice because I didn't get it either! What was he doing, showing them his physical bitcoins?
hero member
Activity: 658
Merit: 501
There are regulations in place that are intended to protect consumers. Food needs to be produced and distributed in ways with safety in mind. In both of these examples you would be exposing others to risks that are unknown to them and that they assume they are not taking (because it is assumed that these regulations are followed)

Centralization exposes people to risks as well. Excess regulations forces local farmers and producers out of the market and when an E. coli outbreak happens more food has to be recalled, and more people get sick.

There are other issues more important than safety as well, and one of them being preserving ones dignity and sovereignty. Do you believe you own your own body? If so than you should be able to consume unpasteurized cheeses and milk from your local permaculture farmer.
sr. member
Activity: 261
Merit: 250
Little by little we are losing our personal freedoms every day.  This is utterly ridiculous.  Pretty soon governments will be watching everything through their TVs (if they aren't already doing that now)...

For shits and giggles, go ahead and plant a vegetable garden, then come harvest time put back a few seeds to use the following year to grow more plants. Guess what the penalty for that is if you get caught. Go ahead. Take a guess.

If you get away with that, trying milking a cow, then carry the milk across the street, which just so happens to be the state line, and give it to your neighbor, whereupon said neighbor gives you an apple pie. You won't believe how many laws were just broken with that simply act. Some severe.

Makes you almost wish you were an untouchable at Bear Stearns.
There are regulations in place that are intended to protect consumers. Food needs to be produced and distributed in ways with safety in mind. In both of these examples you would be exposing others to risks that are unknown to them and that they assume they are not taking (because it is assumed that these regulations are followed)
newbie
Activity: 56
Merit: 0
Little by little we are losing our personal freedoms every day.  This is utterly ridiculous.  Pretty soon governments will be watching everything through their TVs (if they aren't already doing that now)...

For shits and giggles, go ahead and plant a vegetable garden, then come harvest time put back a few seeds to use the following year to grow more plants. Guess what the penalty for that is if you get caught. Go ahead. Take a guess.

If you get away with that, trying milking a cow, then carry the milk across the street, which just so happens to be the state line, and give it to your neighbor, whereupon said neighbor gives you an apple pie. You won't believe how many laws were just broken with that simply act. Some severe.

Makes you almost wish you were an untouchable at Bear Stearns.


mining vegetables! ~ i thought you had to get a special permit for that? lol  Wink
vip
Activity: 1428
Merit: 1145
Little by little we are losing our personal freedoms every day.  This is utterly ridiculous.  Pretty soon governments will be watching everything through their TVs (if they aren't already doing that now)...

For shits and giggles, go ahead and plant a vegetable garden, then come harvest time put back a few seeds to use the following year to grow more plants. Guess what the penalty for that is if you get caught. Go ahead. Take a guess.

If you get away with that, trying milking a cow, then carry the milk across the street, which just so happens to be the state line, and give it to your neighbor, whereupon said neighbor gives you an apple pie. You won't believe how many laws were just broken with that simply act. Some severe.

Makes you almost wish you were an untouchable at Bear Stearns.
newbie
Activity: 56
Merit: 0
illegal bitcoin mining busts is prolly why we are dropping?  Roll Eyes
sr. member
Activity: 420
Merit: 250
Does anybody besides me think this may be a case for using some of your Bitcoin to install solar panels? You can really save money on electricity this way... Tongue
I think you have it backwards. It would be good to buy solar panels in order to mine bitcoin. The risk of what happened to the man in the OP article may somewhat make up for the fact that your miners could be seized if the electric company/law enforcement deems is suspicious that you are using so much electricity
newbie
Activity: 56
Merit: 0
Does anybody besides me think this may be a case for using some of your Bitcoin to install solar panels? You can really save money on electricity this way... Tongue

nuclear !  Cool
hero member
Activity: 798
Merit: 1000
Does anybody besides me think this may be a case for using some of your Bitcoin to install solar panels? You can really save money on electricity this way... Tongue
newbie
Activity: 56
Merit: 0
Wow, are those guys federal police?  They've all got assault rifles out like they're going to war or something?!  God that's fucking scary.  I'm glad I don't live in Virginia where apparantly the military is called in for marijuana suspicions!

i'm telling youes Virginia don't play ! ..sure there everyone has an uncle who smokes the weed,,,~

 ..but ohhh wait >> BITCOIN (DRUG) "MINING" MACHINES? ...wow that : MUST BE ILLEGAL!!!!  Wink  ..LMFAO!
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