• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

An Employee of Seoul’s Premier Opera House Was Found Mining Ethereum in the Basement

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

[ad_1]

Home page ” BITCOIN NEWS » An employee of Seoul’s Premier Opera House was found to be mining Ethereum in the basement

Related articles

Layer 2 provides native yield on Ethereum

Layer two supplies native yield on Ethereum

November 22, 2023
Layer-2 Blast requires $20 million in capital, aiming to raise interest rates for ETH and stablecoin holders

Layer-two Blast necessitates $twenty million in capital, aiming to increase curiosity prices for ETH and stablecoin holders

November 21, 2023

An employee at South Korea’s most prestigious opera and arts center – the Seoul Arts Center, in the affluent downtown area of ​​the capital – has been found to be secretly mining Ethereum (ETH) in an apartment. room in the basement, using electricity from the center.

An employee of Seoul’s Premier Opera House was found to be mining Ethereum in the basement

Per Hangook Ilbo and YTN, the unnamed employee of the center staff, presumably a civil servant, were suspended for two months. Staff members conducting a routine inspection of the rarely used basement room beneath the center’s Calligraphy Museum discovered two ETH mining rigs, including sophisticated graphics cards, that had been installed. connected to the electrical outlet.

The unnamed miner, in his 30s, testified that he has several mining rigs at home and only needs to put the equipment in question into operation to “store them”. He admitted to bringing the equipment to the site in October 2020 knowing that the area was hard to find. But when the price of cryptocurrencies started to soar in November, he decided to connect them to the hub’s electricity grid, arguing that very few people had ever ventured underneath the building – although he claimed that he She connected the devices to her mobile phone, instead of using the network connection at the center.

He confessed to using a collection of unused center screens as part of his setup.

How will Premier Opera House employees secretly mine Ethereum?

The center concluded that he had been using the rigs for just under 50 days, during which time he had used less than $275 worth of electricity — and mined some $575 worth of tokens. He was ordered to pay back the electricity bill, and his immediate supervisor was also reprimanded for not finding out what their team member had done.

The media quoted a Seoul Arts Center spokesman as saying that the employee had not been turned over to the police as he immediately came forward with a candid confession. The spokesperson concluded:

“We have not brought criminal charges in this case, but we do offer the harshest possible penalties in accordance with our internal regulations.”

Join Facebook Groups and Telegram group of the Coinlive to chat and exchange information about the Crypto Currency market with more than 10,000 other people.

Important Note: All content on the website is for informational purposes only and is not investment advice at all. Your money, the decision is yours.

[ad_2]

Tags: BasementEmployeeEthereumHouseMiningOperaPremierSeouls
Share76Tweet47

Related Posts

Belo Horizonte Moves to Become Bitcoin Capital

by shark
May 11, 2025
0

Belo Horizonte City Hall preliminarily approves bill to make it Brazil’s Bitcoin Capital, awaiting mayor's approval.

Crypto Market Surges: Bitcoin Tops $103K Amid Altcoin Rally

by shark
May 11, 2025
0

Bitcoin surpasses $103K, driving a $400B crypto market surge, spurred by altcoins and institutional investors.

TRUMP Token Price Doubles; No Evidence of Team Sale

by shark
May 11, 2025
0

Discover the impact of celebrity-driven events on the TRUMP token, its recent price surge, and insights into the cryptocurrency market...

Michael Saylor Comments on Bitcoin’s Delay to $150K

by shark
May 11, 2025
0

Michael Saylor attributes Bitcoin's delay in reaching $150,000 to short-term holders exiting the market.

Bitcoin Analysts Predict New All-Time High By 2025

by shark
May 11, 2025
0

Bitcoin poised for a potential all-time high in 2025, experts predict strong market movements.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Belo Horizonte Moves to Become Bitcoin Capital
  • Crypto Market Surges: Bitcoin Tops $103K Amid Altcoin Rally
  • TRUMP Token Price Doubles; No Evidence of Team Sale
  • Michael Saylor Comments on Bitcoin’s Delay to $150K
  • Bitcoin Analysts Predict New All-Time High By 2025
  • R2 Protocol Testnet Draws 200,000 Participants with 10 Million Transactions
  • PumpSwap Reaches $100M in TVL, Bolstering Solana’s Crypto Scene
  • Cathie Wood Forecasts Bitcoin Surge and AI-Driven Growth
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7