College students mine cryptocurrency in dorms
Mining cryptocurrency is yet another way college students use to make money. One would think that college students are at a disadvantage when it comes to mining cryptocurrencies since it requires enormous computer resources but the largest portion of expenses comes from electricity consumption. This is where the students living in dorms have the advantage since the university pays for the electricity. Resourceful students are repurposing old computers by adding a graphics card to do the processing. There are several ming software readily available to start mining cryptocurrencies.
There are some downsides that students are putting up with, the two biggest downsides are heat and noise. Students are running multiple computers 24/7 which adds a lot of heat to the room. Another issue is noise, with all the computers running and producing heat, that heat has to be dissipated and that requires a lot of fans not just in the computer but in the rooms. Another major issue is tripping the circuit breakers; run too many computers and the student not only loses power to their alarm clock, but countless others as well, especially in older dorms.