News Cryptominers made $100,000 from mining at an Airbnb for three weeks — the guests ran up a $1,500 electricity bill

[Admin]

After guests' electricity use cost her thousands of dollars, an Airbnb host was forced to implement what she considers bizarre new rules for her guests.

Cryptominers made $100,000 from mining at an Airbnb for three weeks — the guests ran up a $1,500 electricity bill : Read more

 

[BillyBuerger]

Instead of no-mining crypto, I would think they could just check the electric meter as part of their setup/cleanup process between guests and check for any unusually high usage. An agreement that any extremely high electric usage would be charged. There's lots of things people could do to waste electricity from a rental. The EV charging she mentioned makes sense as well as something people could do that could be overused if someone wanted to.

 

[USAFRet]

I agree with the no crypto thing.

You are renting a residential home. Not a commercial server farm premises.

Instead of someones AirBNB, why can't these cryptonerds do this from their own house?

 

[Wolfshadw]

Just wondering how many times they did this BEFORE they got caught.

-Wolf sends

 

[Jay29992]

If it only cost $1500 in electricity to make $100,000 people wouldn't steal the electric. The numbers in this story are so drastically off.

 

[scottsoapbox]

If it only cost $1500 in electricity to make $100,000 people wouldn't steal the electric. The numbers in this story are so drastically off.

Exactly. They probably made $1400 minus airbnb fees.

Heck, if they were making good money mining they wouldn’t mess with EV charging. What is that making - a few hundred bucks at most? $1400 in revenue is probably too high.

Edit: Thinking about it more, at $100K every 3 weeks, the cost of not mining due to moving between airbnbs would be more than the electricity.

 

[thisisaname]

Exactly. They probably made $1400 minus airbnb fees.

Heck, if they were making good money mining they wouldn’t mess with EV charging. What is that making - a few hundred bucks at most? $1400 in revenue is probably too high.

Edit: Thinking about it more, at $100K every 3 weeks, the cost of not mining due to moving between airbnbs would be more than the electricity.

Assuming they loss one day out of that 3 weeks to move, set up and pack up at the end they would loss 5K in mining. To cover the electricity bill only around 7.5 hours of mining.

Something is very off with the numbers!

 

[markleaf]

I agree with the no crypto thing.

You are renting a residential home. Not a commercial server farm premises.

Instead of someones AirBNB, why can't these cryptonerds do this from their own house?

They probably do, they only allot so much power per house. Pull more power would need a more powerful transformer on the power lines and maybe other improvements.

An Airbnb is a commercial business, it is literally taking away residential housing and is partially responsible for the housing crisis. Perfectly good residential houses being repurposed for a commercial business.

 

[mattcintosh]

The numbers line up. 8,000 kwh @18 cents each is $1,500. Thats 16 kW that is easily doable on a 100 amp service. 10 computers pulling 1.4kw each would easily hit that number.
The EV charging is a red herring though. Lets say they drove 2,000 miles the time they were there. The average ev gets 3.5 miles per kwh. 571 kwh, add another 10% for charging losses. Comes to about $115. Or about $5.50 a day. Thats almost splitting hairs