Crimea: Mining Bitcoins at Workplace is Illegal- The Story of Two Employees
More and more miners are arrested because of the illegal activities. In the same situation, there were two former employees of the Crimean Council of Ministers.
In order to carry out activities in violation of the law, they received a fine of 30,000 rubles ($ 525) per person. These two friends were accused for mining Bitcoins on a network belonging to Crimea’s Council, according to the Investigative Committee’s reports. The announcement was published yesterday, on 26th March 2018.
The last such case occurred in September 2017, when some anonymous employees were fired for their inadequate activities. Mining is a process that requires energy and financial resources. Once the transactions reach the nodes in the blockchain, the miner gets rewarded with crypto coins, which can later be converted into fiat currencies or used in the virtual environment for other investments.
30,000 rubles ($ 525) fine for 15,000 rubles ($ 260) income
The two employees carried out illegal mining activities between September 2016 and January 2017, resulting in a 15,000 rubles income, equivalent to $ 260, according to the Russian Legal Information Agency.
The agency also reported that employees used 57,000 rubles ($ 1,000) worth of energy for mining activities. Respectively, they were accused of fraud and abuse of power. However, the agency reported that the two paid their full debt.
Mining at workplace is penalized
Of course, Crimea is not the only region where illegal crypto activities have been detected by employees. An example is Russia and its two employees from Saratov, who used a supercomputer from a private nuclear center to manage mining activities. They were penalized even worse than the employees based in Crimea.
Other three cases of this kind have been reported this month. One of them is an incident that occurred in Florida- an employee at the Department of Citrus in Florida used a computer that belonged to the department to mine Bitcoin and Litecoin. Further, the man was arrested and fined.
Investigations of this kind will be pursued in order to eliminate illegal activities.