A research report conducted by tech giant Cisco has revealed that university and college campuses are the latest hotspots for cryptocurrency mining. The report was published via tech news outlet PCMag on March 5, where Cisco researchers investigated cryptocurrency mining across various industries to determine what each sector mines.
The researchers’ efforts were made possible through the use of Umbrella, a Cisco-owned security product that tracks the network connections of its clients to block dubious crypto mining and other activities that the service sees as possibly malicious.
Per the findings, college students have become the second largest digital currency miners, accounting for about 22 percent of all crypto mining operations in the United States.
The efforts of campus students were bested only by the country’s utilities and energy sector, which took top spot and contributed to 34 percent of the total crypto mining output.
Some of the other industries highlighted by the Cisco ranking were the healthcare and media…