RIVERHEAD, N.Y. — A supervisor of data know-how for a New York county is accused of mining cryptocurrency from authorities places of work, costing the county authorities at the very least $6,000 in electrical energy payments, prosecutors mentioned.
In accordance with prosecutors, Christopher Naples, 42, of Mattituck, hid 46 specialised gadgets used to mine Bitcoin and different cryptocurrencies in six rooms within the Suffolk County Heart in Riverhead, The New York Times reported. Naples labored within the county clerk’s workplace as an assistant supervisor of data know-how operations, the newspaper reported.
Suffolk County District Legal professional Timothy Sini mentioned Naples is charged with counts together with public corruption, grand larceny, and pc trespass, in keeping with The Associated Press.
Naples, who has labored for Suffolk County since 2000, appeared in court docket on Wednesday and was launched on his personal recognizance. His lawyer didn’t instantly reply to a request for remark, in keeping with the AP and the Times.
If convicted of the highest cost, Naples might resist 15 years in jail, the Times reported.
“Mining cryptocurrency requires an unlimited quantity of sources, and miners need to navigate find out how to cowl all of these electrical energy and cooling prices,” Sini mentioned in a press release saying the arrest. Naples “discovered a technique to do it; sadly, it was on the backs of taxpayers,” Sini mentioned.
Mining cryptocurrencies, together with Bitcoin, is an advanced course of that’s on the coronary heart of the distinction between cryptocurrencies and conventional currencies, the Times reported.
Whereas conventional currencies are backed by the federal government, the worth of cryptocurrencies is assured by their community of customers, in keeping with the newspaper.
The method of mining cryptocurrency requires a considerable amount of electrical energy to energy the mandatory gadgets, the Times reported. The newspaper famous earlier this month that the quantity of electrical energy used on creating Bitcoin annually exceeds the quantity utilized by Finland.
Prosecutors mentioned that at the very least 10 of Naples’ machines had been operating since February, costing Suffolk County greater than $6,000, in keeping with the Times. Sini mentioned that quantity might be rather more since 36 different machines had been found, the newspaper reported.
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