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| May 23, 2018

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Commencement speaker at all-women’s college blasted for criticizing #MeToo movement

May 17, 2018 |

A commencement speaker at a Virginia all-women’s college upset students and alumni for her criticism of the #MeToo movement Saturday, according to a report from Inside Higher Ed.
FOX News

Boston college professor offers extra credit for students to go on dates

April 17, 2018 |

A Boston College philosophy professor—known simply as the “dating professor”—offers extra credit to her students who (while sober) ask someone out on a date, go on the date (still sober) with no physical contact.
FOX News

His Choice Was Between Dogs and College. He Chose the Dogs

April 6, 2018 |

It started at a North Carolina Applebee’s more than two years ago: Matt Nelson presented the idea to his college buddies that people like weird stuff on Twitter, and that dogs were internet gold. Nelson’s brainchild led to WeRateDogs , a Twitter handle with more than 6.4 million followers that’s…
Newser

Report Details Surge in Crypto Mining on College Campuses

April 1, 2018 |

Report Details Surge in Crypto Mining on College Campuses

A report published by cybersecurity company Vectra has detailed what it describes as an “alarming surge in cryptocurrency mining on college campuses.”

Also Read: Markets Update: Cryptocurrencies Lose Over 20 Percent This Week 

Colleges Become Hotbed for Mining Activities

Report Details Surge in Crypto Mining on College CampusesVectra’s report asserts that opportunistic students, malicious hackers, and even cryptocurrency mining scripts hosted by websites, are sapping power from universities to freely mine virtual currencies.

The analysis concludes that higher education is by far the largest industry that “exhibit[ed] cryptocurrency-mining attack behaviors from August 2017 through January 2018.” Vectra’s research claims that 85 percent of said attack behaviors identified across all industries originated from higher education institutions, followed by “Entertainment & Leisure” with 6 percent, Technology (3 percent), and Financial Services (3 percent).

The report notes that “The number of computers processing cryptocurrency hashes on college campuses increased before the value of bitcoin rose above $ 4,000 USD in 2017.” The sudden crash in bitcoin prices heading into January appears not to have deterred opportunistic students seeking to take advantage of campus electricity, with the report adding that “Even as the value of bitcoin fell 50% from its peak […], the number of computers performing cryptocurrency mining” on campuses did not decline.

Opportunistic College Students Take Advantage of Free Electricity

Joey Dilliha, an 18-year-old student at Western Kentucky University, recently told media that he leaves a Bitmain Antminer running in his dorm room, consistently garnering $ 30 each week in profit. “I believe more people should be doing it. It’s a super fun, and cool cheap way to be introduced to the market of mining,” Mr. Dilliha stated.

Dilliha said that his college does not permit his mining activities due to such being perceived as a fire hazard. “On dorm room check days, I have to turn it off and put a blanket over it. However, my RA loves to come in and talk about it with me,” he added.

Report Details Surge in Crypto Mining on College CampusesIn January, Stanford University issued a notice responding to what it described as “a sharp increase in incidents involving cryptocurrency mining at Stanford.” The notice sought to remind students that “Per university policy, Stanford resources must not be used for personal financial gain. As such, community members are prohibited from using university resources (including computing equipment, network services, and electricity) for cryptocurrency mining activities outside of faculty sanctioned research and course work.”

Vectra’s head of security analytics, Chris Morales, stated that “Students are more likely to perform crypto mining personally as they don’t pay for power, the primary cost of crypto mining.”

Do you think that colleges can do anything to stop opportunistic students from mining on campus? Share your thoughts in the comments section below!


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The post Report Details Surge in Crypto Mining on College Campuses appeared first on Bitcoin News.

Bitcoin News

Pennsylvania college student’s body found at base of ‘significant drop’ in Bermuda

March 20, 2018 |

Officials in Bermuda on Tuesday revealed new details about a missing U.S. college student’s disappearance after his body was found Monday night at the bottom of a “significant drop” on the British island territory.
FOX News

March Madness: What’s behind the millions for college basketball coaches salaries?

March 17, 2018 |

As sports fans are swept up in the March Madness college basketball craze, it’s a good time to consider the madness of the coaches’ salaries.
FOX News

Suspected killer of New York college student arrested in Nicaragua, cops say

March 14, 2018 |

A man suspected of murdering a Binghamton University student was arrested Tuesday in his native Nicaragua, The New York Post reported.
FOX News

Suspect in College Campus Shooting Apprehended

March 3, 2018 |

A 19-year-old student suspected of killing his parents at a Central Michigan University dormitory before running from campus was apprehended early Saturday following an intensive daylong search that included more than 100 police officers, the AP reports. James Davis Jr. was arrested without incident after someone spotted him on a…
Newser

College Sues 32-Year-Old Who Won’t Leave Dorm

March 2, 2018 |

A New York City college is trying to evict a 32-year-old former student it says is illegally squatting in her dorm room. Hunter College has filed a lawsuit against Lisa Palmer, saying the woman owes more than $ 94,000 in unpaid residence hall fees since she dropped out in 2016,…
Newser

George Washington’s hair discovered in 18th-century book at New York college

February 14, 2018 |

A strand of white hair tucked into a shabby almanac on the shelf of a college library in upstate New York has been revealed to be from one the nation’s Founding Fathers.
FOX News