|Photo: Bitcoin Miner|
|Turns out, looking only at electric usage from a residence, the consumption for bitcoin mining won’t look much different from a marijuana grow-op. Cue clueless cops.|
You don’t have to be growing marijuana to get raided for it. At least one Bitcoin miner has been raided by police because unusually high power usage led them to suspect he was growing marijuana, according to unconfirmed reports on Monday.
The tip comes from an IRC chat captured by blogger Mike Esspe, though there are no corroborating details, reports Jerry Brito of Techland.
Bitcoin is the anonymous virtual currency that uses distributed computing power to validate online coins. “It’s like gold mining, except that instead of digging, a miner uses cryptographic math,” reports Techland.