Is it okay to mine cryptocurrency with a company machine if I am a part timer?
I was provided a decently powerful mac book pro valued at $2000 and was wondering if it would be okay if I mined cryptocurrency when I brought the laptop home.
Should I be concerned about any consequences, I believe I'm smart enough to turn it off when I go to work.
Also was reading up on https://www.securitynow.com/author.asp?section_id=613&doc_id=740382
and it seems like more and more people are abusing company resources to mine crypto.
There are people who use the company computers as personal computers as well.
I'm only working a few hours per week.
Hmm, decided not to mine bitcoin via argubly unsuited macbook.
Edit: Alibaba cloud was confusing to configure to set up low end mining
ethics canada
asked 4 hours ago
GrandFleet
3779
|
show 1 more comment
I was provided a decently powerful mac book pro valued at $2000 and was wondering if it would be okay if I mined cryptocurrency when I brought the laptop home.
Should I be concerned about any consequences, I believe I'm smart enough to turn it off when I go to work.
Also was reading up on https://www.securitynow.com/author.asp?section_id=613&doc_id=740382
and it seems like more and more people are abusing company resources to mine crypto.
There are people who use the company computers as personal computers as well.
I'm only working a few hours per week.
Hmm, decided not to mine bitcoin via argubly unsuited macbook.
Edit: Alibaba cloud was confusing to configure to set up low end mining
ethics canada
asked 4 hours ago
GrandFleet
3779
13
Short Answer: No
– bruglesco
4 hours ago
What makes you think you would own any cryptocurrency mined on company computers?
– Dan Pichelman
4 hours ago
1
Is mining crypto ethical even before factoring in whose computer it's on?
– Sidney
2 hours ago
2
@GrandFleet Your last comment indicates that you're interested in flat out stealing something that you acknowledge you don't legally own, mined with equipment you don't also own but are abusing (your word!). The type of cryptocurrency you would like to mine is totally irrelevant to these details. Are you honestly asking if any part of this is acceptable, or are you simply trying to gauge (and improve) your chances of getting away with it?
– Upper_Case
2 hours ago
1
Keep in mind that the cost of mining may very well be higher than the reward. That is, unless you also intend to use your employer's electricity.
– bytepusher
1 hour ago
|
show 1 more comment
I was provided a decently powerful mac book pro valued at $2000 and was wondering if it would be okay if I mined cryptocurrency when I brought the laptop home.
Should I be concerned about any consequences, I believe I'm smart enough to turn it off when I go to work.
Also was reading up on https://www.securitynow.com/author.asp?section_id=613&doc_id=740382
and it seems like more and more people are abusing company resources to mine crypto.
There are people who use the company computers as personal computers as well.
I'm only working a few hours per week.
Hmm, decided not to mine bitcoin via argubly unsuited macbook.
Edit: Alibaba cloud was confusing to configure to set up low end mining
ethics canada
asked 4 hours ago
GrandFleet
3779
I was provided a decently powerful mac book pro valued at $2000 and was wondering if it would be okay if I mined cryptocurrency when I brought the laptop home.
Should I be concerned about any consequences, I believe I'm smart enough to turn it off when I go to work.
Also was reading up on https://www.securitynow.com/author.asp?section_id=613&doc_id=740382
and it seems like more and more people are abusing company resources to mine crypto.
There are people who use the company computers as personal computers as well.
I'm only working a few hours per week.
Hmm, decided not to mine bitcoin via argubly unsuited macbook.
Edit: Alibaba cloud was confusing to configure to set up low end mining
ethics canada
ethics canada
asked 4 hours ago
GrandFleet
3779
asked 4 hours ago
GrandFleet
3779
edited 2 hours ago
asked 4 hours ago
GrandFleet
3779
asked 4 hours ago
GrandFleet
3779
asked 4 hours ago
GrandFleet
3779
3779
13
Short Answer: No
– bruglesco
4 hours ago
What makes you think you would own any cryptocurrency mined on company computers?
– Dan Pichelman
4 hours ago
1
Is mining crypto ethical even before factoring in whose computer it's on?
– Sidney
2 hours ago
2
@GrandFleet Your last comment indicates that you're interested in flat out stealing something that you acknowledge you don't legally own, mined with equipment you don't also own but are abusing (your word!). The type of cryptocurrency you would like to mine is totally irrelevant to these details. Are you honestly asking if any part of this is acceptable, or are you simply trying to gauge (and improve) your chances of getting away with it?
– Upper_Case
2 hours ago
1
Keep in mind that the cost of mining may very well be higher than the reward. That is, unless you also intend to use your employer's electricity.
– bytepusher
1 hour ago
|
show 1 more comment
13
Short Answer: No
– bruglesco
4 hours ago
What makes you think you would own any cryptocurrency mined on company computers?
– Dan Pichelman
4 hours ago
1
Is mining crypto ethical even before factoring in whose computer it's on?
– Sidney
2 hours ago
2
@GrandFleet Your last comment indicates that you're interested in flat out stealing something that you acknowledge you don't legally own, mined with equipment you don't also own but are abusing (your word!). The type of cryptocurrency you would like to mine is totally irrelevant to these details. Are you honestly asking if any part of this is acceptable, or are you simply trying to gauge (and improve) your chances of getting away with it?
– Upper_Case
2 hours ago
1
Keep in mind that the cost of mining may very well be higher than the reward. That is, unless you also intend to use your employer's electricity.
– bytepusher
1 hour ago
13
13
Short Answer: No
– bruglesco
4 hours ago
Short Answer: No
– bruglesco
4 hours ago
What makes you think you would own any cryptocurrency mined on company computers?
– Dan Pichelman
4 hours ago
What makes you think you would own any cryptocurrency mined on company computers?
– Dan Pichelman
4 hours ago
1
1
Is mining crypto ethical even before factoring in whose computer it's on?
– Sidney
2 hours ago
Is mining crypto ethical even before factoring in whose computer it's on?
– Sidney
2 hours ago
2
2
@GrandFleet Your last comment indicates that you're interested in flat out stealing something that you acknowledge you don't legally own, mined with equipment you don't also own but are abusing (your word!). The type of cryptocurrency you would like to mine is totally irrelevant to these details. Are you honestly asking if any part of this is acceptable, or are you simply trying to gauge (and improve) your chances of getting away with it?
– Upper_Case
2 hours ago
@GrandFleet Your last comment indicates that you're interested in flat out stealing something that you acknowledge you don't legally own, mined with equipment you don't also own but are abusing (your word!). The type of cryptocurrency you would like to mine is totally irrelevant to these details. Are you honestly asking if any part of this is acceptable, or are you simply trying to gauge (and improve) your chances of getting away with it?
– Upper_Case
2 hours ago
1
1
Keep in mind that the cost of mining may very well be higher than the reward. That is, unless you also intend to use your employer's electricity.
– bytepusher
1 hour ago
Keep in mind that the cost of mining may very well be higher than the reward. That is, unless you also intend to use your employer's electricity.
– bytepusher
1 hour ago
|
show 1 more comment
4 Answers
4
active
oldest
votes
The obvious and easy way to know if it's OK to do this is to ask your boss for permission first.
If she says it's OK, then go for it. If she says 'no' or you're afraid to ask, then you have your answer.
Just because you think you can get away with it doesn't make it right.
answered 3 hours ago
Dan Pichelman
27k137489
3
Should also check contract and any company policy. If boss's response goes against them, OP will likely still be held accountable for things they should have been aware of.
– cdkMoose
3 hours ago
1
This is, of course, the correct approach. However, be aware that raising this with your boss may alert them to your coworkers' practices if they didn't already know, which might result in an explicit banning of this practice across the board. You might find yourself suddenly rather unpopular with your colleagues.
– Jane S♦
2 hours ago
It's also common for companies to have a policy where anything created with company equipment is the property of the company. So even if your boss says yes, there is a strong possibility any cryptocurrency you successfully mine belongs to your employer.
– Seth R
1 hour ago
add a comment |
No it's not OK. And just because others are doing it, possibly many per your link, doesn't make it OK.
The machine belongs to your employer and should only be used for their purposes. You are risking viruses, getting hacked and exposure of company information on their equipment and are adding wear and tear for something that has no value to them.
If you want to mine crypto-currency or do anything else that is solely for your personal value, get your own computer.
Also, the number of hours you are working for them has nothing to do with whether this is right or wrong.
answered 4 hours ago
cdkMoose
10.6k22147
3
Many people are really tempted to do things they shouldn't, and then they get caught. If you used their machine to mine, I could see some jurisdictions allowing them to take the mined currency away from you.
– cdkMoose
4 hours ago
4
Personally, I wouldn't trust you if I found out you were doing this with company equipment. Would make me wonder what else you are doing.
– cdkMoose
4 hours ago
4
@GrandFleet - I think it's sweet that you think that mining crypto on company property isn't misconduct
– Richard
4 hours ago
7
@Grandfleet You asked for advice, it has universally been, "Don't do this." Your very first response to that was, "But I want to!" It's your choice to ignore the advice from many experienced people who tell you it's a bad idea, but don't say you haven't been warned if it goes wrong. Just because you don't like the advice, it doesn't make it wrong.
– Jane S♦
4 hours ago
4
@Grandfleet It makes no difference if others are doing it. You asked if you should, you were told no, it's a bad idea. If any of your work colleagues asked the same question, they'd get the same answer. I get the impression that you are feeling defensive now, but you know it's wrong, or you wouldn't have asked the question. I think you were hoping to be given "permission" to do it anyway by asking here; instead, you got told what you already knew.
– Jane S♦
3 hours ago
|
show 12 more comments
The chances of being fired immediately if/when this is found out are approximately 100%.
The chances of you making money with this scheme are about zero, unless you manage to steal electricity as well. The price of one bitcoin currently is so low that you may just about break even, taking into account electricity consumption, if you do this in a country with cheap electricity and with highly specialised hardware. Your MacBook and it's graphics card are not such highly specialised hardware, and your country doesn't provide electricity that cheaply.
And there's some guy in China right now in jail because he did that at his school, costing his school thousands of dollars in electricity; quite widely reported.
answered 2 hours ago
gnasher729
82.5k36148263
I said before I'm not mining bitcoin, geez.
– GrandFleet
2 hours ago
Doesn’t really matter what type of cryptocurrency you were going to mine. It’s behavior that could get you fired.
– Ramhound
1 hour ago
add a comment |
"Sure it is."
Everything you mine is in that case company property of course.
The fact that you have to ask, should already show you it is
NOT OK.
You do realize, they may legally log everything you do with that machine...
Also, when in doubt get legal counsel or ask your employer, I'm sure they'll love to tell you how OK it is to pocket money created with property of your employer.
EDIT:
oh please explain downvotes, I dare you...
answered 3 hours ago
DigitalBlade969
4,6881420
To take a guess at the down vote given to you, the first bolded words here might be why. That or since the question is tagged Canada your answer may not be factually correct. I didn't cast a vote here, but couldn't resist the dare.
– David S
2 hours ago
My downvote was due to the negative tone of the answer, it reads extremely hostile, for absolutely no reason. The fact you added the “I dare you to explain the downvote” within 5 minutes indicates you expected a poor reception to your answer. Which makes the reason you didn’t address the numerous issues before submitting it.
– Ramhound
1 hour ago
add a comment |
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4 Answers
4
active
oldest
votes
4 Answers
4
active
oldest
votes
active
oldest
votes
active
oldest
votes
The obvious and easy way to know if it's OK to do this is to ask your boss for permission first.
If she says it's OK, then go for it. If she says 'no' or you're afraid to ask, then you have your answer.
Just because you think you can get away with it doesn't make it right.
answered 3 hours ago
Dan Pichelman
27k137489
3
Should also check contract and any company policy. If boss's response goes against them, OP will likely still be held accountable for things they should have been aware of.
– cdkMoose
3 hours ago
1
This is, of course, the correct approach. However, be aware that raising this with your boss may alert them to your coworkers' practices if they didn't already know, which might result in an explicit banning of this practice across the board. You might find yourself suddenly rather unpopular with your colleagues.
– Jane S♦
2 hours ago
It's also common for companies to have a policy where anything created with company equipment is the property of the company. So even if your boss says yes, there is a strong possibility any cryptocurrency you successfully mine belongs to your employer.
– Seth R
1 hour ago
add a comment |
The obvious and easy way to know if it's OK to do this is to ask your boss for permission first.
If she says it's OK, then go for it. If she says 'no' or you're afraid to ask, then you have your answer.
Just because you think you can get away with it doesn't make it right.
answered 3 hours ago
Dan Pichelman
27k137489
3
Should also check contract and any company policy. If boss's response goes against them, OP will likely still be held accountable for things they should have been aware of.
– cdkMoose
3 hours ago
1
This is, of course, the correct approach. However, be aware that raising this with your boss may alert them to your coworkers' practices if they didn't already know, which might result in an explicit banning of this practice across the board. You might find yourself suddenly rather unpopular with your colleagues.
– Jane S♦
2 hours ago
It's also common for companies to have a policy where anything created with company equipment is the property of the company. So even if your boss says yes, there is a strong possibility any cryptocurrency you successfully mine belongs to your employer.
– Seth R
1 hour ago
add a comment |
The obvious and easy way to know if it's OK to do this is to ask your boss for permission first.
If she says it's OK, then go for it. If she says 'no' or you're afraid to ask, then you have your answer.
Just because you think you can get away with it doesn't make it right.
answered 3 hours ago
Dan Pichelman
27k137489
The obvious and easy way to know if it's OK to do this is to ask your boss for permission first.
If she says it's OK, then go for it. If she says 'no' or you're afraid to ask, then you have your answer.
Just because you think you can get away with it doesn't make it right.
answered 3 hours ago
Dan Pichelman
27k137489
answered 3 hours ago
Dan Pichelman
27k137489
answered 3 hours ago
Dan Pichelman
27k137489
answered 3 hours ago
Dan Pichelman
27k137489
27k137489
3
Should also check contract and any company policy. If boss's response goes against them, OP will likely still be held accountable for things they should have been aware of.
– cdkMoose
3 hours ago
1
This is, of course, the correct approach. However, be aware that raising this with your boss may alert them to your coworkers' practices if they didn't already know, which might result in an explicit banning of this practice across the board. You might find yourself suddenly rather unpopular with your colleagues.
– Jane S♦
2 hours ago
It's also common for companies to have a policy where anything created with company equipment is the property of the company. So even if your boss says yes, there is a strong possibility any cryptocurrency you successfully mine belongs to your employer.
– Seth R
1 hour ago
add a comment |
3
Should also check contract and any company policy. If boss's response goes against them, OP will likely still be held accountable for things they should have been aware of.
– cdkMoose
3 hours ago
1
This is, of course, the correct approach. However, be aware that raising this with your boss may alert them to your coworkers' practices if they didn't already know, which might result in an explicit banning of this practice across the board. You might find yourself suddenly rather unpopular with your colleagues.
– Jane S♦
2 hours ago
It's also common for companies to have a policy where anything created with company equipment is the property of the company. So even if your boss says yes, there is a strong possibility any cryptocurrency you successfully mine belongs to your employer.
– Seth R
1 hour ago
3
3
Should also check contract and any company policy. If boss's response goes against them, OP will likely still be held accountable for things they should have been aware of.
– cdkMoose
3 hours ago
Should also check contract and any company policy. If boss's response goes against them, OP will likely still be held accountable for things they should have been aware of.
– cdkMoose
3 hours ago
1
1
This is, of course, the correct approach. However, be aware that raising this with your boss may alert them to your coworkers' practices if they didn't already know, which might result in an explicit banning of this practice across the board. You might find yourself suddenly rather unpopular with your colleagues.
– Jane S♦
2 hours ago
This is, of course, the correct approach. However, be aware that raising this with your boss may alert them to your coworkers' practices if they didn't already know, which might result in an explicit banning of this practice across the board. You might find yourself suddenly rather unpopular with your colleagues.
– Jane S♦
2 hours ago
It's also common for companies to have a policy where anything created with company equipment is the property of the company. So even if your boss says yes, there is a strong possibility any cryptocurrency you successfully mine belongs to your employer.
– Seth R
1 hour ago
It's also common for companies to have a policy where anything created with company equipment is the property of the company. So even if your boss says yes, there is a strong possibility any cryptocurrency you successfully mine belongs to your employer.
– Seth R
1 hour ago
add a comment |
No it's not OK. And just because others are doing it, possibly many per your link, doesn't make it OK.
The machine belongs to your employer and should only be used for their purposes. You are risking viruses, getting hacked and exposure of company information on their equipment and are adding wear and tear for something that has no value to them.
If you want to mine crypto-currency or do anything else that is solely for your personal value, get your own computer.
Also, the number of hours you are working for them has nothing to do with whether this is right or wrong.
answered 4 hours ago
cdkMoose
10.6k22147
3
Many people are really tempted to do things they shouldn't, and then they get caught. If you used their machine to mine, I could see some jurisdictions allowing them to take the mined currency away from you.
– cdkMoose
4 hours ago
4
Personally, I wouldn't trust you if I found out you were doing this with company equipment. Would make me wonder what else you are doing.
– cdkMoose
4 hours ago
4
@GrandFleet - I think it's sweet that you think that mining crypto on company property isn't misconduct
– Richard
4 hours ago
7
@Grandfleet You asked for advice, it has universally been, "Don't do this." Your very first response to that was, "But I want to!" It's your choice to ignore the advice from many experienced people who tell you it's a bad idea, but don't say you haven't been warned if it goes wrong. Just because you don't like the advice, it doesn't make it wrong.
– Jane S♦
4 hours ago
4
@Grandfleet It makes no difference if others are doing it. You asked if you should, you were told no, it's a bad idea. If any of your work colleagues asked the same question, they'd get the same answer. I get the impression that you are feeling defensive now, but you know it's wrong, or you wouldn't have asked the question. I think you were hoping to be given "permission" to do it anyway by asking here; instead, you got told what you already knew.
– Jane S♦
3 hours ago
|
show 12 more comments
No it's not OK. And just because others are doing it, possibly many per your link, doesn't make it OK.
The machine belongs to your employer and should only be used for their purposes. You are risking viruses, getting hacked and exposure of company information on their equipment and are adding wear and tear for something that has no value to them.
If you want to mine crypto-currency or do anything else that is solely for your personal value, get your own computer.
Also, the number of hours you are working for them has nothing to do with whether this is right or wrong.
answered 4 hours ago
cdkMoose
10.6k22147
3
Many people are really tempted to do things they shouldn't, and then they get caught. If you used their machine to mine, I could see some jurisdictions allowing them to take the mined currency away from you.
– cdkMoose
4 hours ago
4
Personally, I wouldn't trust you if I found out you were doing this with company equipment. Would make me wonder what else you are doing.
– cdkMoose
4 hours ago
4
@GrandFleet - I think it's sweet that you think that mining crypto on company property isn't misconduct
– Richard
4 hours ago
7
@Grandfleet You asked for advice, it has universally been, "Don't do this." Your very first response to that was, "But I want to!" It's your choice to ignore the advice from many experienced people who tell you it's a bad idea, but don't say you haven't been warned if it goes wrong. Just because you don't like the advice, it doesn't make it wrong.
– Jane S♦
4 hours ago
4
@Grandfleet It makes no difference if others are doing it. You asked if you should, you were told no, it's a bad idea. If any of your work colleagues asked the same question, they'd get the same answer. I get the impression that you are feeling defensive now, but you know it's wrong, or you wouldn't have asked the question. I think you were hoping to be given "permission" to do it anyway by asking here; instead, you got told what you already knew.
– Jane S♦
3 hours ago
|
show 12 more comments
No it's not OK. And just because others are doing it, possibly many per your link, doesn't make it OK.
The machine belongs to your employer and should only be used for their purposes. You are risking viruses, getting hacked and exposure of company information on their equipment and are adding wear and tear for something that has no value to them.
If you want to mine crypto-currency or do anything else that is solely for your personal value, get your own computer.
Also, the number of hours you are working for them has nothing to do with whether this is right or wrong.
answered 4 hours ago
cdkMoose
10.6k22147
No it's not OK. And just because others are doing it, possibly many per your link, doesn't make it OK.
The machine belongs to your employer and should only be used for their purposes. You are risking viruses, getting hacked and exposure of company information on their equipment and are adding wear and tear for something that has no value to them.
If you want to mine crypto-currency or do anything else that is solely for your personal value, get your own computer.
Also, the number of hours you are working for them has nothing to do with whether this is right or wrong.
answered 4 hours ago
cdkMoose
10.6k22147
answered 4 hours ago
cdkMoose
10.6k22147
answered 4 hours ago
cdkMoose
10.6k22147
answered 4 hours ago
cdkMoose
10.6k22147
10.6k22147
3
Many people are really tempted to do things they shouldn't, and then they get caught. If you used their machine to mine, I could see some jurisdictions allowing them to take the mined currency away from you.
– cdkMoose
4 hours ago
4
Personally, I wouldn't trust you if I found out you were doing this with company equipment. Would make me wonder what else you are doing.
– cdkMoose
4 hours ago
4
@GrandFleet - I think it's sweet that you think that mining crypto on company property isn't misconduct
– Richard
4 hours ago
7
@Grandfleet You asked for advice, it has universally been, "Don't do this." Your very first response to that was, "But I want to!" It's your choice to ignore the advice from many experienced people who tell you it's a bad idea, but don't say you haven't been warned if it goes wrong. Just because you don't like the advice, it doesn't make it wrong.
– Jane S♦
4 hours ago
4
@Grandfleet It makes no difference if others are doing it. You asked if you should, you were told no, it's a bad idea. If any of your work colleagues asked the same question, they'd get the same answer. I get the impression that you are feeling defensive now, but you know it's wrong, or you wouldn't have asked the question. I think you were hoping to be given "permission" to do it anyway by asking here; instead, you got told what you already knew.
– Jane S♦
3 hours ago
|
show 12 more comments
3
Many people are really tempted to do things they shouldn't, and then they get caught. If you used their machine to mine, I could see some jurisdictions allowing them to take the mined currency away from you.
– cdkMoose
4 hours ago
4
Personally, I wouldn't trust you if I found out you were doing this with company equipment. Would make me wonder what else you are doing.
– cdkMoose
4 hours ago
4
@GrandFleet - I think it's sweet that you think that mining crypto on company property isn't misconduct
– Richard
4 hours ago
7
@Grandfleet You asked for advice, it has universally been, "Don't do this." Your very first response to that was, "But I want to!" It's your choice to ignore the advice from many experienced people who tell you it's a bad idea, but don't say you haven't been warned if it goes wrong. Just because you don't like the advice, it doesn't make it wrong.
– Jane S♦
4 hours ago
4
@Grandfleet It makes no difference if others are doing it. You asked if you should, you were told no, it's a bad idea. If any of your work colleagues asked the same question, they'd get the same answer. I get the impression that you are feeling defensive now, but you know it's wrong, or you wouldn't have asked the question. I think you were hoping to be given "permission" to do it anyway by asking here; instead, you got told what you already knew.
– Jane S♦
3 hours ago
3
3
Many people are really tempted to do things they shouldn't, and then they get caught. If you used their machine to mine, I could see some jurisdictions allowing them to take the mined currency away from you.
– cdkMoose
4 hours ago
Many people are really tempted to do things they shouldn't, and then they get caught. If you used their machine to mine, I could see some jurisdictions allowing them to take the mined currency away from you.
– cdkMoose
4 hours ago
4
4
Personally, I wouldn't trust you if I found out you were doing this with company equipment. Would make me wonder what else you are doing.
– cdkMoose
4 hours ago
Personally, I wouldn't trust you if I found out you were doing this with company equipment. Would make me wonder what else you are doing.
– cdkMoose
4 hours ago
4
4
@GrandFleet - I think it's sweet that you think that mining crypto on company property isn't misconduct
– Richard
4 hours ago
@GrandFleet - I think it's sweet that you think that mining crypto on company property isn't misconduct
– Richard
4 hours ago
7
7
@Grandfleet You asked for advice, it has universally been, "Don't do this." Your very first response to that was, "But I want to!" It's your choice to ignore the advice from many experienced people who tell you it's a bad idea, but don't say you haven't been warned if it goes wrong. Just because you don't like the advice, it doesn't make it wrong.
– Jane S♦
4 hours ago
@Grandfleet You asked for advice, it has universally been, "Don't do this." Your very first response to that was, "But I want to!" It's your choice to ignore the advice from many experienced people who tell you it's a bad idea, but don't say you haven't been warned if it goes wrong. Just because you don't like the advice, it doesn't make it wrong.
– Jane S♦
4 hours ago
4
4
@Grandfleet It makes no difference if others are doing it. You asked if you should, you were told no, it's a bad idea. If any of your work colleagues asked the same question, they'd get the same answer. I get the impression that you are feeling defensive now, but you know it's wrong, or you wouldn't have asked the question. I think you were hoping to be given "permission" to do it anyway by asking here; instead, you got told what you already knew.
– Jane S♦
3 hours ago
@Grandfleet It makes no difference if others are doing it. You asked if you should, you were told no, it's a bad idea. If any of your work colleagues asked the same question, they'd get the same answer. I get the impression that you are feeling defensive now, but you know it's wrong, or you wouldn't have asked the question. I think you were hoping to be given "permission" to do it anyway by asking here; instead, you got told what you already knew.
– Jane S♦
3 hours ago
|
show 12 more comments
The chances of being fired immediately if/when this is found out are approximately 100%.
The chances of you making money with this scheme are about zero, unless you manage to steal electricity as well. The price of one bitcoin currently is so low that you may just about break even, taking into account electricity consumption, if you do this in a country with cheap electricity and with highly specialised hardware. Your MacBook and it's graphics card are not such highly specialised hardware, and your country doesn't provide electricity that cheaply.
And there's some guy in China right now in jail because he did that at his school, costing his school thousands of dollars in electricity; quite widely reported.
answered 2 hours ago
gnasher729
82.5k36148263
I said before I'm not mining bitcoin, geez.
– GrandFleet
2 hours ago
Doesn’t really matter what type of cryptocurrency you were going to mine. It’s behavior that could get you fired.
– Ramhound
1 hour ago
add a comment |
The chances of being fired immediately if/when this is found out are approximately 100%.
The chances of you making money with this scheme are about zero, unless you manage to steal electricity as well. The price of one bitcoin currently is so low that you may just about break even, taking into account electricity consumption, if you do this in a country with cheap electricity and with highly specialised hardware. Your MacBook and it's graphics card are not such highly specialised hardware, and your country doesn't provide electricity that cheaply.
And there's some guy in China right now in jail because he did that at his school, costing his school thousands of dollars in electricity; quite widely reported.
answered 2 hours ago
gnasher729
82.5k36148263
I said before I'm not mining bitcoin, geez.
– GrandFleet
2 hours ago
Doesn’t really matter what type of cryptocurrency you were going to mine. It’s behavior that could get you fired.
– Ramhound
1 hour ago
add a comment |
The chances of being fired immediately if/when this is found out are approximately 100%.
The chances of you making money with this scheme are about zero, unless you manage to steal electricity as well. The price of one bitcoin currently is so low that you may just about break even, taking into account electricity consumption, if you do this in a country with cheap electricity and with highly specialised hardware. Your MacBook and it's graphics card are not such highly specialised hardware, and your country doesn't provide electricity that cheaply.
And there's some guy in China right now in jail because he did that at his school, costing his school thousands of dollars in electricity; quite widely reported.
answered 2 hours ago
gnasher729
82.5k36148263
The chances of being fired immediately if/when this is found out are approximately 100%.
The chances of you making money with this scheme are about zero, unless you manage to steal electricity as well. The price of one bitcoin currently is so low that you may just about break even, taking into account electricity consumption, if you do this in a country with cheap electricity and with highly specialised hardware. Your MacBook and it's graphics card are not such highly specialised hardware, and your country doesn't provide electricity that cheaply.
And there's some guy in China right now in jail because he did that at his school, costing his school thousands of dollars in electricity; quite widely reported.
answered 2 hours ago
gnasher729
82.5k36148263
edited 2 hours ago
answered 2 hours ago
gnasher729
82.5k36148263
answered 2 hours ago
gnasher729
82.5k36148263
answered 2 hours ago
gnasher729
82.5k36148263
82.5k36148263
I said before I'm not mining bitcoin, geez.
– GrandFleet
2 hours ago
Doesn’t really matter what type of cryptocurrency you were going to mine. It’s behavior that could get you fired.
– Ramhound
1 hour ago
add a comment |
I said before I'm not mining bitcoin, geez.
– GrandFleet
2 hours ago
Doesn’t really matter what type of cryptocurrency you were going to mine. It’s behavior that could get you fired.
– Ramhound
1 hour ago
I said before I'm not mining bitcoin, geez.
– GrandFleet
2 hours ago
I said before I'm not mining bitcoin, geez.
– GrandFleet
2 hours ago
Doesn’t really matter what type of cryptocurrency you were going to mine. It’s behavior that could get you fired.
– Ramhound
1 hour ago
Doesn’t really matter what type of cryptocurrency you were going to mine. It’s behavior that could get you fired.
– Ramhound
1 hour ago
add a comment |
"Sure it is."
Everything you mine is in that case company property of course.
The fact that you have to ask, should already show you it is
NOT OK.
You do realize, they may legally log everything you do with that machine...
Also, when in doubt get legal counsel or ask your employer, I'm sure they'll love to tell you how OK it is to pocket money created with property of your employer.
EDIT:
oh please explain downvotes, I dare you...
answered 3 hours ago
DigitalBlade969
4,6881420
To take a guess at the down vote given to you, the first bolded words here might be why. That or since the question is tagged Canada your answer may not be factually correct. I didn't cast a vote here, but couldn't resist the dare.
– David S
2 hours ago
My downvote was due to the negative tone of the answer, it reads extremely hostile, for absolutely no reason. The fact you added the “I dare you to explain the downvote” within 5 minutes indicates you expected a poor reception to your answer. Which makes the reason you didn’t address the numerous issues before submitting it.
– Ramhound
1 hour ago
add a comment |
"Sure it is."
Everything you mine is in that case company property of course.
The fact that you have to ask, should already show you it is
NOT OK.
You do realize, they may legally log everything you do with that machine...
Also, when in doubt get legal counsel or ask your employer, I'm sure they'll love to tell you how OK it is to pocket money created with property of your employer.
EDIT:
oh please explain downvotes, I dare you...
answered 3 hours ago
DigitalBlade969
4,6881420
To take a guess at the down vote given to you, the first bolded words here might be why. That or since the question is tagged Canada your answer may not be factually correct. I didn't cast a vote here, but couldn't resist the dare.
– David S
2 hours ago
My downvote was due to the negative tone of the answer, it reads extremely hostile, for absolutely no reason. The fact you added the “I dare you to explain the downvote” within 5 minutes indicates you expected a poor reception to your answer. Which makes the reason you didn’t address the numerous issues before submitting it.
– Ramhound
1 hour ago
add a comment |
"Sure it is."
Everything you mine is in that case company property of course.
The fact that you have to ask, should already show you it is
NOT OK.
You do realize, they may legally log everything you do with that machine...
Also, when in doubt get legal counsel or ask your employer, I'm sure they'll love to tell you how OK it is to pocket money created with property of your employer.
EDIT:
oh please explain downvotes, I dare you...
answered 3 hours ago
DigitalBlade969
4,6881420
"Sure it is."
Everything you mine is in that case company property of course.
The fact that you have to ask, should already show you it is
NOT OK.
You do realize, they may legally log everything you do with that machine...
Also, when in doubt get legal counsel or ask your employer, I'm sure they'll love to tell you how OK it is to pocket money created with property of your employer.
EDIT:
oh please explain downvotes, I dare you...
answered 3 hours ago
DigitalBlade969
4,6881420
edited 3 hours ago
answered 3 hours ago
DigitalBlade969
4,6881420
answered 3 hours ago
DigitalBlade969
4,6881420
answered 3 hours ago
DigitalBlade969
4,6881420
4,6881420
To take a guess at the down vote given to you, the first bolded words here might be why. That or since the question is tagged Canada your answer may not be factually correct. I didn't cast a vote here, but couldn't resist the dare.
– David S
2 hours ago
My downvote was due to the negative tone of the answer, it reads extremely hostile, for absolutely no reason. The fact you added the “I dare you to explain the downvote” within 5 minutes indicates you expected a poor reception to your answer. Which makes the reason you didn’t address the numerous issues before submitting it.
– Ramhound
1 hour ago
add a comment |
To take a guess at the down vote given to you, the first bolded words here might be why. That or since the question is tagged Canada your answer may not be factually correct. I didn't cast a vote here, but couldn't resist the dare.
– David S
2 hours ago
My downvote was due to the negative tone of the answer, it reads extremely hostile, for absolutely no reason. The fact you added the “I dare you to explain the downvote” within 5 minutes indicates you expected a poor reception to your answer. Which makes the reason you didn’t address the numerous issues before submitting it.
– Ramhound
1 hour ago
To take a guess at the down vote given to you, the first bolded words here might be why. That or since the question is tagged Canada your answer may not be factually correct. I didn't cast a vote here, but couldn't resist the dare.
– David S
2 hours ago
To take a guess at the down vote given to you, the first bolded words here might be why. That or since the question is tagged Canada your answer may not be factually correct. I didn't cast a vote here, but couldn't resist the dare.
– David S
2 hours ago
My downvote was due to the negative tone of the answer, it reads extremely hostile, for absolutely no reason. The fact you added the “I dare you to explain the downvote” within 5 minutes indicates you expected a poor reception to your answer. Which makes the reason you didn’t address the numerous issues before submitting it.
– Ramhound
1 hour ago
My downvote was due to the negative tone of the answer, it reads extremely hostile, for absolutely no reason. The fact you added the “I dare you to explain the downvote” within 5 minutes indicates you expected a poor reception to your answer. Which makes the reason you didn’t address the numerous issues before submitting it.
– Ramhound
1 hour ago
add a comment |
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Short Answer: No
– bruglesco
4 hours ago
What makes you think you would own any cryptocurrency mined on company computers?
– Dan Pichelman
4 hours ago
1
Is mining crypto ethical even before factoring in whose computer it's on?
– Sidney
2 hours ago
2
@GrandFleet Your last comment indicates that you're interested in flat out stealing something that you acknowledge you don't legally own, mined with equipment you don't also own but are abusing (your word!). The type of cryptocurrency you would like to mine is totally irrelevant to these details. Are you honestly asking if any part of this is acceptable, or are you simply trying to gauge (and improve) your chances of getting away with it?
– Upper_Case
2 hours ago
1
Keep in mind that the cost of mining may very well be higher than the reward. That is, unless you also intend to use your employer's electricity.
– bytepusher
1 hour ago