Mining

Anyone here mining crypto at their company or workplace?
If I own a company and I can deduct energy costs from taxes, why should I not get a few asic rigs to mine crypto on the side?

>few asic rigs to mine crypto on the side?
>asic
>crypto
you mean BTC

>he doesn't know about scrypt ASICs

I can't offer any help, OP, but maybe an idea for any anons out there.

I go to a small local college at the moment 2 days a week.

The college currently has several hundred desktop PCs which are literally never turned off. Back in March, I had the idea to spend a few lunch breaks going to every one I could find, logging on and running Nicehash, then switching user so that I stayed logged in forever. The PCs are shitty, but I'm running 150-155 or so of them at a time, currently reaching ~45H/s each. Basically, I'm mining approximately 0.003 BTC every 24 hours at the current rate. Not a lot, but it's costing me literally nothing. I'm not even worried about anyone finding out, as the IT staff there are absolutely shit.

I should hit a full 1 BTC by the end of January/early Feb. Sadly, I'll be done at the college in July, but I might just leave them running after I leave and see how long before they gradually get switched off over time.

At my uni you have to log in with your own account and logout after. Sucks because they got i7's and rx460's up in 'em

What's stopping you from doing this everywhere they sell computers? Used to work at Best buy they never turned off the computers.

Technically the company owns the crypto you mine. Also it might get you fired for gross misconduct.

Nothing, I guess. I just haven't really found any places big enough that it's worth the hassle. I guess retail stores could work, but the nearest places to me won't allow new users to be created, sadly.

Only the tax component of the energy costs are deductible, not the full costs.

If tax rate is 20% and you pay Water&Power $100, then the deductible is $20 you still have to pay the $80

If I hadn't to log in/off in my college I could mine like 0.001 btc a day per computer room... and there are 30 computer rooms...