NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Crucial Role Of The CLARITY Act In Avoiding A New October 10 Crypto Crash, Expert Explains
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Crucial Role Of The CLARITY Act In Avoiding A New October 10 Crypto Crash, Expert Explains

Russian Scientists Fined for Mining Bitcoin on Hijacked Supercomputer

Rick Delafont
Rick Delafont
Last Updated: June 11, 2024 1:30 pm
2 mins read
russia bitcoin nuclear

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

A Russian scientist has received a fine for mining Bitcoin at a top-secret nuclear facility. Denis Baykov has been ordered to pay 450,000 rubles, or about $6,900 for his involvement in the scheme.

The incident is the second of its kind reported this year. Earlier in 2019, scientists at a Ukrainian nuclear power plant were found to be using its facilities to mine Bitcoin.

Supercomputer Hijacked for Bitcoin Mining

According to a report in The Moscow Times, Baykov was part of a group of scientists arrested last year for using a nuclear facility to illegally mine Bitcoin. The facility is around 400 kilometres from the Russian capital, in the closed city of Sarov. It was the site at which the first Soviet nuclear weapon was created in 1949.

Baykov and the other suspects are thought to have used one of the supercomputers at the site to mine Bitcoin. Given that the machine mentioned is capable of 1,000 trillion operations per second, and presumably had free power, the site was well-suited for the task.

Baykov was found guilty of illegally accessing computer information and violating computer operation rules. Two other employees at the Sarov nuclear facility – Andrei Rybkin and Andrei Shatokhin – are still to be sentenced. Baykov has been fined 450,000, or around $6,900, for his involvement.

There is no indication how much Bitcoin the team of nuclear scientists managed to mine before their operation was busted. However, the report does mention specifically that they had used various privacy-enhancing techniques to decrease the likelihood of detection.

Baykov was sentenced on September 17. Speaking with the Kremlin-funded television channel RT, one of the lawyers of the defence commented on the potential duration of the operation:

“I can say one thing for sure: they were not detained on the first day they began to mine.”

As mentioned, this is the second similar incident this year. Just last month, NewsBTC reported on the arrest of Ukrainian officials at a nuclear power plant mining cryptocurrency with its facilities.

In that example, the court claimed that secret data had been leaked about the power plant as a result of the facilities supercomputer being connected to the open internet in such a way.

Elsewhere in Eastern Europe, the president of Belarus Aleksandr Lukashenko recently told IT professionals of plans to set up a cryptocurrency mining facility close to one of the nation’s nuclear plants. Some of the facility, according to local news sources, will be dedicated to Bitcoin mining.

https://twitter.com/TruthRaiderHQ/status/1178052186451910657

 

Related Reading: If In Doubt Zoom Out, Bitcoin Profitable Days Still at 91.5%

Featured Images from Shutterstock.
Tweet123Share196ShareSend
Rick Delafont
Rick Delafont

Rick Delafont

Based in Europe, Rick has written about the cryptocurrency industry since 2016. He was first drawn to Bitcoin as a means of payment but quickly became fascinated by its wider potential implications. His interests lie in the political, economic, and social impact of the unfolding digital asset revolution.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Chainlink

Chainlink Stuck In A Micro-Range As Traders Await A Clear Trigger

According to CryptoWzrd’s daily technical outlook, Chainlink closed the session without a clear directional bias, keeping the focus on the...

Godspower Owie 15 hours ago
Bitcoin price

Analyst Sets $105K As Next Bitcoin Price Target — Here’s The Timeline

After a fairly optimistic start to the new year, the Bitcoin price might finally be ready to take off, as...

Opeyemi Sule 17 hours ago
Bitcoin

Bitcoin Tests $90,000 Support As Netflows Turn Positive — Details

After encountering significant resistance around the $94,000 local high, Bitcoin has retraced to a psychological and technical key support at...

Semilore Faleti 18 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

何一「騎馬」震動幣圈!新幣「我踏馬來了」單日狂飆197% 深度解析「山東學」造幣邏輯是狂歡還是收割?

newsbtc 8 hours ago
Bitcoin

Bitcoin Range-Bound Into The Weekend, But Next Week Holds The Real Test

Godspower Owie 12 hours ago
Bitcoin

Attention, Bitcoin Bulls: Here’s Why $99K Might Be The Next Crucial Level To Watch

Opeyemi Sule 14 hours ago

Premium Sponsors

Press Releases

  • パイネットワーク 価格は2026年にどう動く?Piコイン予想と注目の新規暗号資産

    パイネットワーク...

    17 hours ago
  • リップル 今後に注目:XRP ETF流入12.2億ドルで市場心理が反転、上放れの兆し

    リップル 今後に注目:XRP...

    18 hours ago
  • 仮想通貨 おすすめ:WLFI(ワールド・リバティ・ファイナンシャル)価格予想と次に急騰が狙われる暗号資産

    仮想通貨...

    18 hours ago
  • 2026年に向けて今買うべき暗号資産は?ソラナ・スイ・レンダーと注目アルトコインを検証

    ...

    21 hours ago
  • 2026年にミームコイン市場が反発、「今注目の暗号資産」は

    ...

    21 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.