Crypto mining rigs discovered in NUS UTown hostel, student asked to remove equipment

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Crypto mining rigs discovered in NUS UTown hostel, student asked to remove equipment
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While some students take up part-time jobs such as as tutoring or waiting tables to supplement their allowance, others have found more innovative albeit riskier ways to earn that extra income. On April 12, a screenshot of an email sent by the National University of Singapore's (NUS) UTown Residence Management Office was posted on Reddit warning hostel residents of the...

While some students take up part-time jobs such as as tutoring or waiting tables to supplement their allowance, others have found more innovative albeit riskier ways to earn that extra income.

When contacted, a spokesperson from NUS' UTown Residence told AsiaOne that a resident was recently found to have installed crypto mining equipment in the residential premises. This is because they consume very high levels of energy and emit unusually large amounts of heat, posing a fire hazard and the risk of power outages, explained the university.

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