Crypto farm ps4
A crypto-mining operation in the city of Vinnytsia, Ukraine was discovered where it had 3, PS4s and over GPUs being used for crypto-farming. The PlayStation 4 may not be the appropriate hardware for crypto-farming since it was developed using technology in GPUs have been hard to get a hold of due to the chip shortage during the pandemic and it seems like this particular group depended on last-gen console hardware to get their mining done. The PS4 Pro has a slightly higher clocking refresh than the Slim variant. Having said that, Ethereum mining depends more on memory bandwidth than compute performance.
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- Is crypto mining ok, even if it causes harm?
- Ukrainian PS4 Mining Farm Wasn’t Mining Crypto but FIFA Ultimate Team Cards
- Illegal PS4 Crypto Mine Might Have Farmed FIFA Ultimate Team Points
- Play2Earn - Best NFT Games List
- Goodgame Studios
- Ukrainian Gang Busted for Using PS4s to Mine Crypto and FIFA Soccer Players
- PS4 Crypto Farm Actually Mining FIFA Cards, Not Bitcoin - IGN Daily Fix
- PS4 "Crypto" Warehouse Was Actually Farming FIFA Crap
Is crypto mining ok, even if it causes harm?
Join us on Twitter or Telegram. Customize Settings Accept. Updated on July 19, As reported by Eurogamer and Ign. Authorities in Ukraine have unearthed a cryptocurrency mining farm allegedly stealing electricity within Vinnytsia city, southwest of Kyiv.
A statement from the Ukraine Security Service indicates that the July 8th discovery also resulted in the confiscation of mining devices, including 5, computers and Sony PlayStation 4 consoles alongside graphic cards.
The mining farm was located near an energy distribution company identified as Vinnytsiaoblenergo, becoming one of the largest mining facilities uncovered by Ukrainian authorities. The miners reportedly deployed measures such as masking the actual energy consumption to conceal their activities. Currently, suspect identification is still ongoing with attempts to determine whether the power plant officials were involved.
In a statement, Vinnytsiaoblenergo has since denied any involvement. We will not make excuses. Ukraine is among the countries with no clear cryptocurrency regulations. Mining cryptocurrencies in the country is illegal, and residents cannot register as crypto entrepreneurs.
Amid the legal uncertainty, Ukraine is currently working on regulations that will govern legal and illegal crypto entrepreneurs. The law also contains the basic rules and demands for providers of services within the digital currency sector. For mining, Ukraine intends to set up cryptocurrency mining data centers adjacent to nuclear power plants. The project is scheduled for completion by Or follow us on Flipboard. Check your inbox or spam folder to confirm your subscription.
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Ukrainian PS4 Mining Farm Wasn’t Mining Crypto but FIFA Ultimate Team Cards
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Illegal PS4 Crypto Mine Might Have Farmed FIFA Ultimate Team Points
Subscriber Account active since. A huge underground cryptocurrency mining operation has been busted by Ukraine police for allegedly stealing electricity from the grid. Police said they'd seized 5, computers and 3, games consoles that were being used in the illegal mine, the largest discovered in the country. To conceal the theft, the operators of the mine used electricity meters that did not reflect their actual energy consumption, officials said. Police said that criminal proceedings had begun over the theft of water, electricity, and thermal energy. The mine was run by residents of Kyiv and Vinnytsia, a city about three hours outside the capital, police said. Photos released by state investigators show a cavernous room filled wall-to-wall with metal racks of neatly lined-up computers and Sony Playstation consoles. Along with the computers and consoles, officials said they also seized more than graphic cards, 50 processors, and documentation on the site's electricity consumption.
Play2Earn - Best NFT Games List
From Axie Infinity to CryptoBlades, here is a list of top play-to-earn blockchain games that offer users a rich gaming experience along with multiple opportunities to earn money. Join us in showcasing the cryptocurrency revolution, one newsletter at a time. Blockchain games have the potential to transform the gaming industry for the better. Players who spend money on such games - or even contribute to the gaming metaverse as free-to-play gamers - can claim ownership of in-game items, such as trading card, through this technology.
Goodgame Studios
While initial reports last week indicated that an enormous warehouse discovered in Ukraine packed full of PS4 consoles was being used to mine crypto , a little further investigation has found that the machines were probably being used to farm FIFA Ultimate Team cards. Is that better? Ukrainian site of it being a crypto farm based on the type of machine being used PS4s? Not very economical vs graphics cards but also the fact that in some of the images release by Ukrainian security forces last week you could see game discs popping out of the consoles. Sources told Delo that the warehouse was actually likely being used as a farm to obtain and sell FIFA Ultimate Team cards, with the PS4 consoles playing the game automatically in order to obtain in-game currency, and either the coins accrued or even the account itself can be resold on the market for actual money.
Ukrainian Gang Busted for Using PS4s to Mine Crypto and FIFA Soccer Players
The Ukrainian Security Service just raided an illegal crypto-mining operation using 3, PS4 consoles! Cryptocurrency miners have turned the gaming world upside down, buying up graphics cards and even gaming laptops in bulk. As long as it has a GPU, they are snatching it up! But their demand for more computing power does not seem to be sated, and they even turned their attention to old PS4 consoles! While many have pooh-poohed the possibility of mining cryptocurrency using PS4 consoles, the Ukrainians went ahead and did it!
PS4 Crypto Farm Actually Mining FIFA Cards, Not Bitcoin - IGN Daily Fix
Best Smart Air Purifiers in Best True Wireless Earbuds. The statement asserts that the farm illegally extracted large amounts of electricity in the city of Vinnytsia. To the proportions that could have left entire neighborhoods without electricity.
PS4 "Crypto" Warehouse Was Actually Farming FIFA Crap
RELATED VIDEO: How To Mine Ethereum \u0026 Make Money 2022 Tutorial! (Setup In 10 Minutes Guide)The report comes a couple of days after Ukraine's Secret Service SBU raided a warehouse that was said to be stealing electricity from the power grid. It was claimed that the mine caused power outages in the area it is located in. The report, which was posted by Ukrainian site Delo and cited in an article by Kotaku , said that photos that have been released by authorities showed game discs "popping out of consoles. According to the Kotaku article, sources have told Delo that the warehouse went about its "FIFA" Ultimate Team farming by making PS4 consoles automatically play the game in order to get in-game currency. Either the in-game currency alone or the account itself is then resold for profit. Initial reports following the discovery of the farm alleged that the PS4 warehouse was farming crypto.
The facility raided by authorities was located on the former premises of JSC Vinnytsiaoblenergom, an electricity supply company. Due to this, it is the largest illegal crypto mining farm in the country according to the Security Service of Ukraine. The illegal crypto farm could lead to power surges and left people without electricity. Specifically, authorities initiated criminal proceedings for the theft of water, electricity, or thermal water through its unauthorized use. They concealed their activities by manipulating electricity meters to steal from JSC Vinnytsiaoblenergom. Authorities seized nearly 5, computer equipment units, including PlayStation 4 consoles, more than graphic cards, 50 processing units, notebooks, phones, and flash drives. Currently, the SBU is working to identify all the people involved in illegal activities.
Ukrainian authorities have raided an allegedly illicit crypto farm within the nation. According to an official announcement from the Security Service of Ukraine SU , the power was positioned on the previous premises of JSC Vinnytsiaoblenerho, an electrical energy provide company. The illegal crypto miners hid their actions by manipulating electrical energy meters to steal electrical energy from JSC Vinnytsiaoblenerho.
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