Behold the pyramid scheme known as cryptocurrency mining. Man allegedly consumed $3.5 million of computing resources from Amazon and Microsoft to generate $1 million worth of digital coin.

The real crime here is all the energy consumed.

justice.gov/usao-edny/pr/nebra

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@dangoodin I'm somewhat puzzled as to how exactly he "stole" all these services. I guess if you start a new account they let you use some amount of $ worth of compute on the theory that they'll bill you at the end of the month and you'll probably pay, but...

Just how much do they allow a new account to use without paying for, and just how many accounts did he have to create, to get it to $3.5 million?

I guess that's just not all that much money anymore... 😵‍💫

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