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Had a guy mining Monero on his. Didn't find out until he left.

Tacky, considering the kinds of salary this field draws.

I don't really see what's wrong with this unless it wears out the hardware.

Plenty wrong with it. Additional power consumption. Slow down performance for actual work.

I mean, I'm assuming this is a laptop and done outside the office when the device is idle.

desktop pc, left on. garbage move.

It's basically stealing electricity.