A Russian Engineer Fined for Mining Bitcoin Using Government Supercomputers

Denis Baykov, a Russian nuclear engineer at the nuclear center has been fined for using one of the country’s most powerful supercomputers to mine Bitcoin at a top-secret nuclear lab in the closed city of Sarov.

The Sarov city court has fined Baykov 450,000 rubles (around $7,000) for mining cryptocurrencies using the government facilities. According to RIA Novosti news agency , Baykov was found guilty of illegally accessing computer information and violating computer operation rules.

Two other Sarov nuclear center engineers— Andrei Rybkin and Andrei Shatokhin — are awaiting sentencing, the court told RIA Novosti.

Baykov’s lawyer, Alexei Kovalyov, told state media that his clients had developed special mining software to avoid detection and they could mine some Bitcoins before getting caught.

June G. Bauer

Pop cultureaholic, Technology expert, Web fanatic and a Social media geek. If you have any questions or comments please feel free to email her at or contact her on Twitter @JuneTBauer1

Recent Posts

N.J. Man Allegedly Paid 40 BTC to Have a 14-year-old Killed

John Michael Musbach, a 31-year-old man from Haddonfield, NJ, has been charged with hiring a… Read More

22 hours ago

Man Charged in $110 Million Cryptocurrency Scheme

Avraham Eisenberg, 27, from Puerto is accused of committing a $110 million cryptocurrency fraud according… Read More

2 days ago

The Top 10 Most Popular Cryptocurrencies in 2023

Cryptocurrencies have became a popular subject in the recent years. In this post, we will… Read More

4 days ago

The Key Features of Ravencoin Blockchain

Ravencoin is a blockchain platform that was created in 2018 as a fork of the… Read More

5 days ago

Major Differences Between Binance Smart Chain and Ethereum

Binance Smart Chain (BSC) is a blockchain network developed by Binance, one of the largest… Read More

6 days ago

What is a 51% Attack on the Blockchain?

A 51% attack is a type of attack against blockchain that occurs when a miner… Read More

6 days ago