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Ukrainian Police Bust Cryptocurrency Mining Operation, Seize 3,800 PlayStation 4 Consoles

posted by janrinok on Saturday July 10 2021, @08:14PM   

takyon writes:

Busted Cryptominers Might Have Mined on 3,800 PS4 Consoles

The Security Service of Ukraine (SSU) on Thursday reported that Ukrainian law enforcement has pulled the plug on a clandestine cryptocurrency mining farm in the city of Vinnytsia. The perpetrators had set up camp in an old warehouse and stealthily tapped into the city's power grid to mine cryptocurrency. Most interestingly, the miners were caught with a shocking number of Playstation 4's. And pretty much everything else, too.

The Ukrainian authorities reportedly seized up to 5,000 pieces of hardware, including over 500 graphics cards, 50 processors and 3,800 PlayStation 4 (PS4) consoles, all of which are in short supply in the U.S. and beyond, as well as other tidbits.

[...] The photographs showed an endless list of racks with PS4s that are apparently connected to the internet. While we've seen pictures of alleged PS4 mining setups before, there has never been any concrete evidence that you can actually mine cryptocurrency on a gaming console. Although, after seeing a DIY project with a Game Boy mining Bitcoin, anything is possible. And the fact that the Ukrainian miners had so many PS4s does suggest that they may have found a way to mine with them.

[...] Hypothetically, the PS4 Pro could potentially come close to a Radeon RX 580 in Ethereum mining.

Also at Wccftech.

See also: NVIDIA GeForce RTX 3060 Selling For 270 USD In Second Hand Markets In China Thanks To Crypto Crackdown

Previously: Cryptocurrency Miners Are Building Their Own Electricity Infrastructure
Massive bitcoin mine discovered in UK after police raid suspected cannabis farm
Clampdown on Crypto Mining Cuts China's GPU Prices Nearly 45 Percent

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Original Submission

• Re:Power consumption Re:Power consumption (Score: -1, Flamebait) by Anonymous Coward on Saturday July 10 2021, @11:57PM (1 child)

  by Anonymous Coward on Saturday July 10 2021, @11:57PM (#1154733)

  Well, since it's Jews doing the hoarding and stealing, they would have profited even without stealing electricity since they get the inside dibs on impending shortages and buy up everything they can for scalping.

  Yes, that even included masks and PPE [justice.gov] from the start of the pandemic. From the link:
  

  On March 25, 2020, the Department of Health and Human Services issued an executive order designating certain scarce health and medical resources necessary to respond to the spread of the Coronavirus...
  Feldheim allegedly sold certain designated materials...at inflated prices. In one instance...Feldheim agreed to sell...masks and other assorted materials for $12,000, an approximately 700 percent markup from the normal price charged for those materials....

  FBI agents approached Feldheim outside of his residence....When the agents were within four to five feet of him, Feldheim allegedly coughed in their direction without covering his mouth.

  Coughing on FBI agents? Isn't that what lizards do in self defense, hiss and spit poison or something? Jews are such wretched goddamn animals, on so many levels.

  Parent

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• Re:Power consumption (Score: -1, Flamebait) by Anonymous Coward on Sunday July 11 2021, @01:16AM

  by Anonymous Coward on Sunday July 11 2021, @01:16AM (#1154745)

  Fuck your stupid, shitty ass. How dumb are you? Plenty dumb.

  Parent