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: Bitcoin Reaches $93,000 Amid Renewed Optimism: What To Keep An Eye On This Week
  • 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: Bitcoin Reaches $93,000 Amid Renewed Optimism: What To Keep An Eye On This Week

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

百家樂攻略|百家樂規則教學解析6大常見牌型 百家樂必勝公式圖解

百家樂之所以長期占據賭場與線上的主流位置,核心不只是節奏快,更在於百家樂規則把結果以路單形式可視化,讓玩家能夠用結構化方法管理出手頻率。 多數虧損並非來自單次判斷,而是把百家樂當作情緒遊戲,明明路單雜...

newsbtc 6 hours ago
Crypto

Crypto Market Watches As Clarity Act Enters Senate Debate Next Week: US Senator

There’s still a lot of work to be done by US lawmakers to give clarity (no pun intended) and perhaps...

Christian Encila 6 hours ago
solana price sol solusd

Solana Builds Strong Case for Higher Valuations as ETFs and Network Metrics Surge

Investors are expecting Solana (SOL) to gain momentum in 2026, driven by rising on-chain activity, expanding DeFi participation, and increasing...

James Halver 7 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

도지코인 전망 - 밈코인 대장주 DOGE, 2021년 밈코인 강세장 재현 가능할까?

도지코인 전망 – 밈코인 대장주 DOGE, 2021년 밈코인 강세장 재현 가능할까?

Soyeon Lee 10 minutes ago
GENIUS Act

GENIUS Act Key Provisions In Spotlight: XRP Attorney Deaton Alerts To Bankers’ Role

Ronaldo Marquez 46 minutes ago
BNB, avalanche, SEI, Litecoin, Sonic, Fantom, SUI, Dogwifhat, Solana, XRP, ONDO, Injective, ZORA

XRP Named The ‘New Cryptocurrency Darling’ After Strong Start Of The Year

Rubmar Garcia 1 hour ago

Premium Sponsors

Press Releases

  • Crypto-Backed Loans to Eclipse $90B in 2026: Why This Bitcoin Layer-2 is the New Standard for Institutional DeFi

    Crypto-Backed Loans to Eclipse $90B in 2026: Why This...

    2 hours ago
  • Web3’s Biggest Gaming and Meme Coin Token Closes Early Access in 48 Hours

    Web3’s Biggest Gaming and Meme Coin Token Closes Early...

    21 hours ago
  • Maxi Doge - Charts Show Dogecoin Ready to Hit ATH, or Will a New Alpha Shape 2026?

    Maxi Doge – Charts Show Dogecoin Ready to Hit ATH, or...

    21 hours ago
  • イーサリアム...

    23 hours ago
  • ビットコイン...

    23 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.