Secret Cryptocurrency Mining Gets Chinese Principal Fired

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A school Ethereum-mining operation got a principal in trouble in China, kynghidongduong.vn according to reports.

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A Chinese principal lost his job after hidden cryptocurrency mining machines were found sucking up his school's electricity.
The [/how-to/bitcoin-ethereum-or-litecoin-which-cryptocurrency-is-best-for-you/ Ethereum-mining devices] were discovered after teachers at the school in southeastern Hunan province got suspicious about a whirring noise they were hearing all day and night, [ the BBC reported Friday], tour phượng hoàng cổ trấn citing local media.

Cryptocurrency mining becomes more lucrative as you [/how-to/what-is-bitcoin/ add computational power], but that sucks up a lot of power. The operation resulted in the school getting hit with a 14,700 yuan ($2,100/£1,600/AU$2,900) electricity bill.