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