Skip to main content

Report: Crypto Mining Equipment Found in Poland’s Supreme Court

Report: Crypto Mining Equipment Found in Poland's Supreme Court

Prosecutors in Poland’s capital Warsaw recently launched a probe into how cryptocurrency mining equipment was installed in a building housing the country’s Supreme Administrative Court. The chairman of the court’s information department insisted the crypto-mining equipment posed no threat to the security of stored data.

Crypto Mining Rig in Ventilator Duct

According to a Polish online media outlet TVN24, the country’s law enforcement agencies were recently made aware of the existence of unsanctioned crypto-mining operations at the headquarters of Poland’s Supreme Administrative Court in Warsaw. As per the report, officials only became aware of the presence of the crypto-mining gear sometime in August and September.

Since then Poland’s prosecution office has instituted an investigation into how the mining rigs were housed in a ventilation duct and the technical floor of the building housing the court. On the other hand, the president of the Supreme Administrative Court has reportedly terminated the contract of the unnamed company tasked with maintaining the building.

For its part, the company is said to have fired two employees who were responsible for servicing part of the building where mining equipment was found. Although no official figures on the amount of financial prejudice suffered have been given, the unofficial data gathered by TVN24 suggests that the electricity consumed per month may run into thousands of dollars.

Meanwhile, the confirmation of the mining equipment’s presence at the court’s headquarters was reportedly made by Judge Sylwester Marciniak, the chairman of the Judicial Information Department of the Supreme Administrative Court. Marciniak, nevertheless, allayed fears that the mining rigs posed a threat to the security of data stored at the court.

Szymon Banna, the spokesperson for the Warsaw prosecution officer, revealed that experts on electricity and power consumption have been asked to help determine the amount of electricity that mining rigs were using.

What are your thoughts on this story? Let us know what you think in the comments section below.



from Bitcoin News https://ift.tt/isqBPXa

Comments

Popular posts from this blog

Mt Gox Creditors Updated, Trustee Says Rehabilitation Custodian Is ‘Currently Preparing to Make Repayments’

On August 31, 2022, the Mt Gox trustee Nobuaki Kobayashi explained in a recent letter that the rehabilitation custodian is “currently preparing to make repayments” to Mt Gox creditors. Trustee Updates Mt Gox Creditors — Repayment Date and Exchange Still Unknown Last week speculation and rumors concerning the release of 140K bitcoin ( BTC ) from Mt Gox littered social media platforms and headlines. Bitcoin.com News covered the situation six days ago as a number of people and Mt Gox creditors called the rumors “ fake news .” During that same period of time, a bitcoin whale transferred 10,000 BTC to unknown wallets, and a 2018 annotation , heuristics, and clustering methods show the funds likely originated from the June 2011 Mt Gox hacks. Following the mysterious whale transfer, last Wednesday, Mt Gox published an official update from the court trustee Nobuaki Kobayashi that explains the court is “currently preparing to make repayments” to creditors. Mt Gox creditors have been wait...

Fidelity Discusses Bitcoin as Portfolio Insurance — Could Soon Stand in ‘Stark Contrast’ to Path Fiat Currencies Take

Fidelity Digital Assets, a subsidiary of Fidelity Investments, says that bitcoin could be considered portfolio insurance. The firm notes that the cryptocurrency “may soon stand in stark contrast to the path that the rest of the world and fiat currencies may take — namely the path of increased supply, additional currency creation, and central bank balance sheet expansion.” Fidelity Says Bitcoin Could Be Portfolio Insurance Fidelity Digital Assets, a subsidiary of Fidelity Investments, recently published a research study titled “The Rising Dollar and Bitcoin.” The research outlines “how bitcoin could be considered portfolio insurance” as the rising dollar impacts global currency markets. “The strengthening U.S. dollar is wreaking havoc among other countries and may put pressure on the Federal Reserve to soon reverse its tightening monetary actions, something that has precedent based on 1985’s Plaza Accord,” Fidelity explained. In addition, “more monetary debasement may be needed to ...

Economists Discuss Russia, China Potentially Developing Gold-Backed Currency That Could Undermine US Dollar

Economists have weighed in on reports that China and Russia may be developing a new gold-backed currency that could undermine the U.S. dollar’s status as the world’s primary reserve currency. Russia and China May Be Developing Gold-Backed Currency Several experts have shared their views on Russia and China potentially creating a new gold-baked currency, Fox Business reported Saturday, emphasizing that China has been buying up huge quantities of gold while Russia was forced off the U.S. dollar due to sanctions imposed on the country following its invasion of Ukraine. The news outlet noted that some experts have cautioned that these moves, along with the closer relationship that has developed between Moscow and Beijing, point to the likelihood of China attempting to launch a gold-backed currency. However, neither Russia nor China has officially confirmed plans for such a currency. Craig Singleton, senior fellow at the Foundation for Defense of Democracies and a former U.S. diplomat,...