Mining NewsUkraine: seizure of 3800 Sony PS4 consoles used for illegal mining

Ukraine: seizure of 3800 Sony PS4 consoles used for illegal mining

Favorite Icon

When the Ukrainian police carried out a raid to stop the activities of a large illegal mining farm in the city of Vinnytsia (western Ukraine), they surely did not expect to find thousands of playstation 4 used for mining !

PS4 mining

In Ukraine, if you cannot use corruption to your advantage, you must know how to use resourcefulness ! This is what the organizers ofan illegal crypto farm who had settled in the unoccupied premises of an electricity supplier in the city of Vinnytsia. They ran their machines without paying for electricity, thus achieving exceptional profitability in crypto !

By manipulating the electrical switchboards, the thugs thought they could stay under the radar by masking their power consumption while becoming rich in cryptocurrencies. Unfortunately for them, their disguised theft of electricity had reached such a volume (about$ 200,000 according to the information collected) that it almost compromised the energy supply of the entire city.

Thus, once the pot with roses was discovered and while bandits had almost cut the light to the whole city, it was inevitable that the legal authorities would carry out a heavy-handed police raid in order to take matters into their own hands in this incredible story.

Once there, what was not the surprise of Ukrainian law enforcement by getting their hands on nearly 5,000 units of computer hardware, including 3,800 PlayStation 4 consoles, more than 500 graphics cards, 50 processing units, laptops, phones and flash drives.

While the Playstation 5 generation is out and apart from some proof of concept from savvy do-it-yourselfers, the PS4 is never used to mine crypto because it is outdated hardware for this use and unprofitable … if you have to pay for your electricity consumption Definitely!

This is a very atypical use of a machine thought first for the game ! Even if we can rave about the techno geek side of the resourceful miners, the Ukrainian scammers involved will surely have to stay in the shade for a few years in the friendly Ukrainian jails. When they come out, Sony’s future playstation 6 will surely already be available for sale !

In the meantime, an unanswered question remains. What happened to the PS4 ? Did they end up in the children of Vinnytsia policemen ?

More actions

Favorite Icon

Graduate engineer, escaped from the open space, I found happiness on the internet and I believe in crypto.

DISCLAIMER

The words and opinions expressed in this article are the sole responsibility of the author and should not be considered as investment advice. Conduct your own research before making any investment decisions.

Latest Articles

Analysis

More Articles

Related Articles

How Bitcoin’s price rise has increased the number of cryptocurrency payments 

NOWPayments Announces Significant Gain in Crypto Payments NOWPayments, a leading crypto payment gateway, is excited to announce the significaте Increase...

Unleashing the Power of Community: M3 DAO’s Rapid Growth to 100,000+ Users in Six Months

M3 DAO is redefining blockchain success with an engaged, thriving community that has grown to over 100,000 active users...

Jorgie Announces Launch of New Solana-Based Memecoin to Rally for Animal Rights

Jorgie is thrilled to announce the launch of its Solana-based memecoin, $JORGIE. This new cryptocurrency project has gained rapid...