Railway Workers Caught Mining Bitcoin At Work

Ukrainian railway workers were caught secretly mining bitcoin in a remote facility owned by the corporation. The report by by Ukrzaliznytsia, the state-owned railway service stated that the action cost the agency $40,000 in losses.

In a statement by Oleg Nazaruk, the director in charge of the department of economic and information security,

“During the inspection of the premises where the so-called farm was located, more than 100 pieces of computer equipment were identified that were generating Bitcoins. The aforementioned equipment was connected to the Ukrzaliznytsia power grid. The estimated amount of losses since the beginning of the year is UAH 1 million [$40,000].”

Ukrzaliznytsia stated that this is illegal activity that is prohibited by the Ukrainian Central Bank. Illegal mining of cryptocurrency is nothing new in Ukraine. Some officers attached to the cyber unit of a county police were arrested in 2017 for mining bitcoin with government resources.

There was another report in August by RT that an a high-level of South Ukraine Nuclear Power Plant had used his authority to install mining machines in the administrative building of the facility.

Also, later that month, it was reported that a certain ex-Amazon Web Services employee that breached the data access of Capital One Bank mined cryptocurrencies by infiltrating cloud servers.

It is not yet clear why workers are exploiting access to employer’s facilities to secretly mine cryptocurrency despite the the losses employers incur and the possibility of jail terms.

Last month, some Russian engineers were fined and another sent to prison for connecting a supercomputer to the internet to mine bitcoins. The computer which was off limits to the internet could have caused serious security issues.

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Author: Jofor Humani

Peddling words has been a passion beneath the surface. I speak less than I write...naturally. Aside speaking and writing, I walk too...good for your heart they say. I sometimes do not feel like writing. Then I enjoy quiet times which I use to think and stay with family.

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