Bitcoin Is Not Cryptocurrency

A former facilities worker who allegedly set up a secret cryptocurrency mining operation inside a Massachusetts schools crawlspace is due for arrest. Nadib Nahas was scheduled to be arraigned on February the 23rd, facing charges of vandalizing a school and fraudulant fraudulent use of electricity according to media reports. It is certainly not the first time someone has been charged with stealing electricity in order to mine cryptocurrency. In July of 2021, Malaysian officials destroyed $1.2 million worth of Bitcoin mining rigs that were confiscated from residents who were stealing electricity to mine. And a year prior to that in August of 2020, Bulgarian authorities arrested two men for illegally siphoning off more than $1.5 million in