Jul 11, 2021
3,800 PS4s found and seized from a cryptocurrency farm in Ukraine
Posted by Genevieve Klien in categories: computing, cryptocurrencies, security, sustainability
WTF?! 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 3800 of them.
Although the market for GPUs is starting to improve, and dedicated ASICs might be on the way to relieve demand, it seems that one group of enterprising cryptocurrency miners have turned to last-gen console hardware to get things done.
Continue reading “3,800 PS4s found and seized from a cryptocurrency farm in Ukraine” »