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Child Labor in Bitcoin Mines Exposed

Child Labor in Bitcoin Mines Exposed

Bitcoin skeptic and liberal mouthpiece Bloomberg News was up in arms today after a report from Labor International documented poor working conditions in Bitcoin mines in the developing world. ?There is widespread abuse? one investigator reported.

?Children are being forced to mine for blocks to add to the master block chain. But the difficulty is astronomical. These kids don?t even earn the transaction fees they?re mining for.?

http://i1.wp.com/coinion.com/wp-cont...size=800%2C498

Child labor in Bitcoin Mining has long been a staple of the industry. An owner of a mining outfit explained, ?The blockchain was built off the sweat of child labor. I can get a solid 1, or even 2 hash per minute from each kid. Give them an abacus and it skyrockets to 3 or 4 hash/minute. Do you have any idea how many idle children there are in India? That?s a lot of Satoshi.?

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Full story here...........................
ref: http://www.coinion.com/2013/12/11/ch...mines-exposed/

lol nice twist on theonion site :)

http://i2.wp.com/coinion.com/wp-cont...ize=524%2C374p

http://cdn.grahamcluley.com/wp-conte...ning-hoax.jpeg

Quote:

The image above comes from the pranksters on 4Chan, and plays on interest in the Bitcoin digital currency. With many people intrigued by mainstream newspaper stories about Bitcoins, but lacking in knowledge about how to dip their toe into the waters of Bitcoin mining, there is a danger that some folks could take the advice seriously.

And that, of course, would be a big mistake.

Because typing rm -rf/* on a Unix system (including Mac OS X) tells your computer to delete all of your files and folders.

Yes, your data just got flushed down the toilet.

Most of the denizens of 4Chan are probably in one the joke, and will give an evil grin at the suggestion.

But there?s always a danger that other wannabe Bitcoin miners will see the ?advice? and follow it to the letter with data-destroying results.

That?s one of the problems with the internet. It?s not always easy to tell when someone is joking.

According to the Daily Dot website, some users may have already made that mistake with unfortunate consequences.

And, before people get too smug about the misfortune of their Apple-loving cousins, it?s easy to imagine how a similar hoax could be spread targeting gullible Windows users.

Once again, do be careful about trusting what you read on the internet and learn to get advice from legitimate sources before doing something perhaps foolish with your computer.. Oh, and maybe it?s time you started doing regular backups too.

:stoned

ADG

Quote:

Originally Posted by AsianDivaGirlsWebDude (Post 19937511)

http://cdn.grahamcluley.com/wp-conte...ning-hoax.jpeg

:stoned

ADG

:1orglaugh people fall for this, jesus!

Quote:

Originally Posted by AsianDivaGirlsWebDude (Post 19937511)

http://cdn.grahamcluley.com/wp-conte...ning-hoax.jpeg

This is genious. Why any Mac user should know the meaning of shell commands?
It reminds me the ALT+F4 thing for Win users, just less evil.

http://cf.sketchfu.com/i/993929.png