Guru3D.com
  • HOME
  • NEWS
    • Channels
    • Archive
  • DOWNLOADS
    • New Downloads
    • Categories
    • Archive
  • GAME REVIEWS
  • ARTICLES
    • Rig of the Month
    • Join ROTM
    • PC Buyers Guide
    • Guru3D VGA Charts
    • Editorials
    • Dated content
  • HARDWARE REVIEWS
    • Videocards
    • Processors
    • Audio
    • Motherboards
    • Memory and Flash
    • SSD Storage
    • Chassis
    • Media Players
    • Power Supply
    • Laptop and Mobile
    • Smartphone
    • Networking
    • Keyboard Mouse
    • Cooling
    • Search articles
    • Knowledgebase
    • More Categories
  • FORUMS
  • NEWSLETTER
  • CONTACT

New Reviews
Palit GeForce GTX 1630 4GB Dual review
FSP Dagger Pro (850W PSU) review
Razer Leviathan V2 gaming soundbar review
Guru3D NVMe Thermal Test - the heatsink vs. performance
EnGenius ECW220S 2x2 Cloud Access Point review
Alphacool Eisbaer Aurora HPE 360 LCS cooler review
Noctua NH-D12L CPU Cooler Review
Silicon Power XPOWER XS70 1TB NVMe SSD Review
Hyte Y60 chassis review
ASUS ROG Thor 1000W Platinum II (1000W PSU) review

New Downloads
GeForce 516.59 WHQL driver download
Media Player Classic - Home Cinema v1.9.22 Download
AMD Chipset Drivers Download v4.06.10.651
CrystalDiskInfo 8.17 Download
AMD Radeon Software Adrenalin 22.6.1 Windows 7 driver download
ReShade download v5.2.2
HWiNFO Download v7.26
7-Zip v22.00 Download
GeForce 516.40 WHQL driver download
Intel ARC graphics Driver Download Version: 30.0.101.1736


New Forum Topics
Collapse of crypto mining industry leads to auctioning off of thousands of graphics cards Review: Palit GeForce GTX 1630 4GB Dual NVIDIA GeForce 516.59 WHQL driver download & Discussion [3rd-Party Driver] Amernime Zone Radeon Insight 22.5.1 WHQL Driver Pack (Released) Review: FSP Dagger Pro (850W PSU) RTX 3080 fans go crazy First Core i9-13900K Raptor Lake Processors Already Sell on Black Market Wrappers, fix Low FPS AMD Radeon Software - UWP 516.59 - Clean Version




Guru3D.com » News » Ukraine Security Service Shuts Down Illegal Crypto Farm With 3800 PS4 Consoles Sucking 200k electricity monthly

Ukraine Security Service Shuts Down Illegal Crypto Farm With 3800 PS4 Consoles Sucking 200k electricity monthly

by Hilbert Hagedoorn on: 07/12/2021 09:12 AM | source: ssu.gov.ua | 29 comment(s)
Ukraine Security Service Shuts Down Illegal Crypto Farm With 3800 PS4 Consoles Sucking 200k electricity monthly

The security service of the Ukrainiane (SBI) shut down a mining farm holding 3800 PS4 Consoles. The cryptominers exploited a deserted warehouse there and used energy to mine bitcoins from the electricity system in the city.

The perpetrators illegally used the electricity network. According to the authorities, the monthly costs would amount to a maximum of 7 million Ukrainian hryvnia, converted to about 215,000 euros.

Obtaining graphics cards and ASIC miners has been quite difficult, these Ukrainian miners took a different approach to cryptocurrency mining. The Security Service of Ukraine discovered the illegal mining operation and reported that more than 50 processors, 500 graphics cards, and 3,800 PlayStation 4 consoles were seized in a raid. Yes, the miners had more than 3,800 PS4 consoles set up to mine cryptocurrencies. It's certainly an uncommon way to mine crypto, but it seemed to work for these miners as they had this large number of consoles set up for mining. Even though these miners were using PS4 consoles to mine, it is certainly not the most efficient way to mine cryptocurrency, but the 8GB GDDR5 at 5.5Gbps looks like it was paying off for them. With a 256-bit bus, the PS4's memory bandwidth is 176 Gbps, with this you can do the mining work, but it's certainly not that good compared to graphics cards.

The peak of additional energy use attracted the energy company's concerns because they were tapping in from the power grid in town. According to specialists, loss of 5 to 7 million UAH (USD 200,000 to $ 250,000) might be caused monthly from such actions.

The crypto-monetary mining of various devices, including PS4, can be done, but it is surely not the most efficient. You may make money from mining cryptocurrency if you have 3800 PS4 and not pay the energy bill...



Ukraine Security Service Shuts Down Illegal Crypto Farm With 3800 PS4 Consoles Sucking 200k electricity monthly Ukraine Security Service Shuts Down Illegal Crypto Farm With 3800 PS4 Consoles Sucking 200k electricity monthly




« Substantial FPS difference between Resident Evil Village cracked vs DRM ON · Ukraine Security Service Shuts Down Illegal Crypto Farm With 3800 PS4 Consoles Sucking 200k electricity monthly · Download: Display Driver Uninstaller (DDU) V18.0.4.2 »

6 pages 1 2 3 4 5 6


fantaskarsef
Senior Member



Posts: 13090
Joined: 2014-07-21

#5928428 Posted on: 07/12/2021 09:32 AM
The interesting part here is actually that a government agency cracked down on it. I guess they were looking for something else than a crypto farm, but still...

D1stRU3T0R
Senior Member



Posts: 580
Joined: 2017-08-16

#5928430 Posted on: 07/12/2021 10:12 AM
The interesting part here is actually that a government agency cracked down on it. I guess they were looking for something else than a crypto farm, but still...


No? They just saw a huge power leak and they just traced down the location. You can't really ask the electricians to find from where it's leaking, maybe the police but who knows, maybe they couldn't find anything.

fantaskarsef
Senior Member



Posts: 13090
Joined: 2014-07-21

#5928434 Posted on: 07/12/2021 10:56 AM
No? They just saw a huge power leak and they just traced down the location. You can't really ask the electricians to find from where it's leaking, maybe the police but who knows, maybe they couldn't find anything.


Only that the SBI is not the normal police.

Kaarme
Senior Member



Posts: 2945
Joined: 2013-03-10

#5928438 Posted on: 07/12/2021 11:27 AM
The interesting part here is actually that a government agency cracked down on it. I guess they were looking for something else than a crypto farm, but still...


Wasn't there earlier a similar case in the UK? The police thought they would find criminals growing cannabis indoors, but instead found a mining cave. Considering that, it would be no wonder if the cops in Ukraine already suspected they would find miners.

Silva
Senior Member



Posts: 1780
Joined: 2013-06-04

#5928463 Posted on: 07/12/2021 01:16 PM
Absolute cancer this has turned into. Glad authorities are starting to crack down on it, be it on purpose or to trace electricity theft.

6 pages 1 2 3 4 5 6


Post New Comment
Click here to post a comment for this news story on the message forum.


Guru3D.com © 2022