Illegal mining factory that mined virtual currency using 3800 game machines such as PS4 is caught



In recent years, the number of companies engaged in mining crypto assets (virtual currency) such as Bitcoin is increasing, and it has been reported that

power plants start mining as 'mining is more profitable than selling electricity'. Security Service of Ukraine is 2021 July 7, located in the south-west of the capital Kiev Vinnytsia in the city of, seized the factory, which has been mining the virtual currency in the electricity stole from the power grid, ' PlayStation 4 (PS4) about including the We have seized 3,800 game consoles. '

СБУ викрила най більшу крипто ферму в Українж: майже 5 тис.
https://ssu.gov.ua/novyny/sbu-vykryla-naibilshu-kryptofermu-v-ukraini-maizhe-5-tys-kompiuteriv-mainyly-hroshi-na-vinnytsiaoblenerho

Busted Cryptominers Might Have Mined on 3,800 PS4 Consoles | Tom's Hardware
https://www.tomshardware.com/news/ukrainian-authorities-recover-500-gpus-3800-ps4-crypto-bust

Warehouse Of PS4 Pros Used To Mine Crypto Discovered In Raid
https://kotaku.com/thousands-of-ps4-pros-discovered-in-warehouse-raid-1847272415

Feds Raid Cryptocurrency Mine Filled With Thousands of PlayStation 4s In Ukraine
https://www.vice.com/en/article/4av73b/feds-raid-cryptocurrency-mine-filled-with-thousands-of-playstation-4s-in-ukraine

An illegal mining factory discovered by the Security Service of Ukraine was installed in a warehouse adjacent to the local power distribution company Vinnytsiaoblenergo, and it is reported that it used electricity illegally stolen from the power grid for mining. The mining factory used a special electricity meter to hide the theft, and experts estimate that Vinnytsiao blenergo's loss amounted to 5-7 million hryvnia (about 20-28 million yen). I am. Such a large-scale electricity theft may lead to a power outage in the vicinity of Vinnytsia.

From this illegal mining factory, equipment that seems to have been used for mining virtual currency has been seized, but it is known that 'about 3800 game machines including PS4' are included in it. .. This is a picture of the inside of the mining factory released by the Security Service of Ukraine. The rectangular black devices that are narrowly installed in the racks lined up ...



It was PS4. As far as the logo on the side is seen, it seems that PS4 was installed upside down at this mining factory. The Security Service of Ukraine has seized nearly 5,000 devices from the factory, including about 3,800 game consoles, about 500

video cards (graphic cards) , 50 processors, notebook PCs, telephones, and flash drives. thing.



Technology media Tom's Hardware points out that so far there is no clear evidence that PS4 can actually mine cryptocurrencies. However, since such a large amount of PS4 was found in an illegal mining factory, the criminals say that they may have succeeded in mining with PS4 in some way.

In the past, there have been some heroes mining Bitcoin with the Game Boy released in 1989.

A fierce man who mines Bitcoin with Game Boy appears, can be mined with 4 AA batteries --GIGAZINE



Of course, in terms of mining efficiency, PS4 is inferior to mining with the latest graphics cards. However, the criminal this time stole the power used for mining, and it was possible to mine without considering the energy cost, so it is possible that PS4 was also sufficiently profitable.

Max Galka , CEO of blockchain analytics company Elementus, told Motherboard, an overseas media company, 'If miners get electricity for free, mining costs will be different. There is no energy cost, so old GPUs It would be profitable to mine on any processor, including. ' Also, if you were mining virtual currency on PS4, it seems likely that you were mining Ethereum , which uses an algorithm that is more suitable for GPU than Bitcoin.

The Security Service of Ukraine is investigating the mining factory that was caught this time, including the involvement of Vinnytsiao blenergo staff. Meanwhile, Vinnytsiaoblenergo said in a statement on July 9 that cryptocurrency mining equipment had never been operational on its premises and had nothing to do with illegal activity.

in Hardware,   Game, Posted by log1h_ik