New York City Staffer Sanctioned For Mining Bitcoins at Work – CoinDesk

An employee of New York City’s Department of Education has been disciplined after being caught mining bitcoins on his work computer.

According to a recently published disposition from the City of New York Conflicts of Interest Board, department employee Vladimir Ilyayev admitted to mining bitcoin between for a period of several weeks between March and April 2014. Bitcoin mining is an energy intensive process by which new transactions are added to the blockchain, generating new coins with every block that is created.

Ilyayev is said to have installed mining software that ran at night, while he monitored progress from his home.

The document, which includes a signature from Ilyatev along with those from NYC Education Department counsel Karen Antoine and Conflicts of Interest Board chair Richard Briffault, states:

“I ran bitcoin mining software on my [work] computer from 6:00 p.m. until 6:00 a.m. every night from March 19, 2014 until April 17, 2014, when my bitcoin mining software was shut down by [the Department of Education’s] Division of Instructional and Information Technology”.

More at: New York City Staffer Sanctioned For Mining Bitcoins at Work – CoinDesk

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