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3,800 PS4s found and seized from a cryptocurrency farm in Ukraine


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On Thursday the Security Service of Ukraine (SSU) reported that they had shut down a cryptomining operation in the city of Vinnytsia, seizing over 500 GPUs and 50 processors -- and a bunch of Playstation 4s. Consoles built on 2013-era technology might not be great at mining, but they don't need to be when you have 3,800 of them.

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Although the market for GPUs is starting to improve, and dedicated ASICs might be on the way to...

I wonder if there's some PS5/XboxSX farms out there yet to be discovered. 

 

 

Edited by UltraMega

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Thats a few consoles. I reckon as more of these crackdowns start sweeping across the globe, the second hand market is going to be rammed with CPU,GPU and consoles. Might be able to get some good deals.

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  On 10/07/2021 at 21:19, Diffident said:

It doesn't say until the last sentence that they were stealing electricity, otherwise there wouldn't have been a reason for the shutdown.

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Ha, I missed that. Let's face it, that is likely a common occurrence. The cost to run a farm like that must be nuts.

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Folding@Home Staff
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At least I don't have 3,400 GPUs?

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  On 16/07/2021 at 19:28, T3NGU said:


Dude! Have seen you this guy on the Voskcoin YouTube channel running solar on his farm?

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I cannot say I have, will have to check it out 🙂

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