Bitcoin miner was raided by police due to high energy bill

Posted by mike_esspe on Monday May 23, 2011 @05:02AM
from the esspe.net dept.

( 9 comments | 17 points | on HN )

Re:Bitcoin miner was raided by police due to high energy bill by mycroftiv on Monday May 23, 2011 @06:08AM (#2575476)

I predict in about ten years things will go the other way - they will raid you because they suspect you of participating in cryptographic non-governmental currencies, and if they just find some grow lights and plants you will be fine. It seems like that is the direction of things.

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Re:Bitcoin miner was raided by police due to high energy bill by rlpb on Monday May 23, 2011 @06:12AM (#2575482)

Just conducting transactions in non-governmental currency doesn't use any significant amount of power and can't be detected this way.

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Re:Bitcoin miner was raided by police due to high energy bill by adrianwaj on Monday May 23, 2011 @06:16AM (#2575487)

Fake currency - Bitcoin

Fake name - Satoshi Nakamoto

Fake planet - Earth

Fine with me! Better to just accept it and move on.

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Re:Bitcoin miner was raided by police due to high energy bill by morphoyle on Monday May 23, 2011 @07:24AM (#2575602)

Now that many high quality grow lights sport LED bulbs and do not consume nearly as much power or put out a lot of heat, how will the gestapo decide who to raid? I guess they can always knock randomly and claim they hear a noise on the other side of the door...

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Re:Bitcoin miner was raided by police due to high energy bill by wil2k on Monday May 23, 2011 @07:42AM (#2575635)

Perhaps using drones and 'fancy sensors':

Spy Drones Becoming Pervasive INSIDE America http://www.globalresearch.ca/index.php?context=va&aid=24...

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Re:Bitcoin miner was raided by police due to high energy bill by adrianwaj on Monday May 23, 2011 @12:07PM (#2576393)

They can try and work out who purchased multiple top-end graphic cards. Maybe raid Amazon for a customer delivery list or ATI for a warranty registration database.

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Re:Bitcoin miner was raided by police due to high energy bill by robin_reala on Monday May 23, 2011 @06:19AM (#2575492)

Appears to be a dead link. Anyone got a copy?

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Re:Bitcoin miner was raided by police due to high energy bill by Auguste on Monday May 23, 2011 @06:21AM (#2575497)

WebCite archive: http://www.webcitation.org/5ytR6Rzhe

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Re:Bitcoin miner was raided by police due to high energy bill by nodata on Monday May 23, 2011 @06:23AM (#2575501)

Try http://esspe.net/tag/bitcoin

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