New York county IT supervisor accused of mining Bitcoin at county office – KIRO 7 News Seattle

RIVERHEAD, N.Y. — A supervisor of info expertise for a New York county is accused of mining cryptocurrency from authorities workplaces, costing the county authorities at least $6,000 in electrical energy payments, prosecutors stated.

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According to prosecutors, Christopher Naples, 42, of Mattituck, hid 46 specialised gadgets used to mine Bitcoin and different cryptocurrencies in six rooms within the Suffolk County Center in Riverhead, The New York Times reported. Naples labored within the county clerk’s office as an assistant supervisor of info expertise operations, the newspaper reported.

Suffolk County District Attorney Timothy Sini stated Naples is charged with counts together with public corruption, grand larceny, and laptop trespass, in line with The Associated Press.

Naples, who has labored for Suffolk County since 2000, appeared in courtroom on Wednesday and was launched on his personal recognizance. His legal professional didn’t instantly reply to a request for remark, in line with the AP and the Times.

If convicted of the highest cost, Naples may withstand 15 years in jail, the Times reported.

“Mining cryptocurrency requires an infinite quantity of sources, and miners must navigate learn how to cowl all of these electrical energy and cooling prices,” Sini stated in an announcement asserting the arrest. Naples “discovered a method to do it; sadly, it was on the backs of taxpayers,” Sini stated.

Mining cryptocurrencies, together with Bitcoin, is a sophisticated course of that’s at the center of the distinction between cryptocurrencies and conventional currencies, the Times reported.

While conventional currencies are backed by the federal government, the worth of cryptocurrencies is assured by their community of customers, in line with the newspaper.

The course of of mining cryptocurrency requires a big quantity 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 every year exceeds the quantity utilized by Finland.

Prosecutors stated that at least 10 of Naples’ machines had been operating since February, costing Suffolk County greater than $6,000, in line with the Times. Sini stated that quantity could possibly be rather more since 36 different machines had been found, the newspaper reported.

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