RATE Group | Russian Scientists Fined for Mining Bitcoin on Hijacked Supercomputer
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Russian Scientists Fined for Mining Bitcoin on Hijacked Supercomputer

03 Oct Russian Scientists Fined for Mining Bitcoin on Hijacked Supercomputer

Posted at 02:54h in Bitcoin News by

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A Russian scientist has received a fine for mining Bitcoin at a top-secret nuclear facility. Denis Baykov has been ordered to pay 450,000 rubles, or about $6,900 for his involvement in the scheme.

The incident is the second of its kind reported this year. Earlier in 2019, scientists at a Ukrainian nuclear power plant were found to be using its facilities to mine Bitcoin.

Supercomputer Hijacked for Bitcoin Mining

According to a report in The Moscow Times, Baykov was part of a group of scientists arrested last year for using a nuclear facility to illegally mine Bitcoin. The facility is around 400 kilometres from the Russian capital, in the closed city of Sarov. It was the site at which the first Soviet nuclear weapon was created in 1949.

Baykov and the other suspects are thought to have used one of the supercomputers at the site to mine Bitcoin. Given that the machine mentioned is capable of 1,000 trillion operations per second, and presumably had free power, the site was well-suited for…

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