Researcher caught mining bitcoins

Researcher caught mining bitcoins http://www.bbc.co.uk/news/technology-27779030

Quote bbc

” A researcher has been suspended from a US national agency for misusing supercomputers to mine bitcoins at two universities.

In a report, the National Science Foundation (NSF) revealed that more than $8,000 (£4,760) worth of bitcoins had been generated from NSF-funded computers.

The NSF recommended that the individual should be suspended.

The researcher said he was conducting tests.

Equipment worth $150,000 (£89,230) at the government-backed organisation was used to mine the digital currency.

Both universities, which have not been identified, determined that this was an unauthorised use of their IT systems.”

Bitcoins hoax I hope it quits soon.