Crypto mining on ps4

It is of course technically possible, but you would have to have custom made additions to your hardware and specialized custom software to run it. To mine cryptocurrency, you need to have an android smartphone at least. This is because it has the most suitable mining-friendly operating system to facilitate Bitcoin mining. The mobile market is already flooded with various apps designed for android that you can use to mine Bitcoin directly from your home. Primarily PS3 is made for playing games, obviously.

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Content:

• Thousands Of PlayStation 4 Pro Consoles Seized In Police Raid
• Crypto farm had 3,800 PS4 consoles – all taken over
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• PS4 Consoles Now Used To Mine Cryptocurrency?
• PS4 Cryptocurrency Mining Operation Busted
• Cryptomining Bust collects 500 graphics cards and 3,800 PS4 consoles
• Crypto mining: illegal farm that used 3,800 PlayStation 4 consoles discovered

WATCH RELATED VIDEO: How We Mined 6 Bitcoins with Our PS4 - Crypto Mining with Gaming Consoles PS4, PS5, Xbox One

Thousands Of PlayStation 4 Pro Consoles Seized In Police Raid

Last week, Ukrainian authorities busted a massive illegal Sony PlayStation 4 farm for what they believed was a crypto mining operation. It also pointed out that in many photos you can see game discs actually sticking out of the consoles. For those unfamiliar, the Ultimate Team game mode within FIFA allows gamers to build their own custom teams with various player cards.

Alternatively, you can also pay with real currency to buy coins to unlock these packs. On the flip side, the in-game currency earned or cards you obtain can be sold back in black markets for actual money. Elsewhere in gaming, eBay is already flooding with listings from Steam Deck scalpers.

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Dec 7, 1, Hypes 1 Comments. The PlayStation app is also getting a revamp. Oct 30, 29, Hypes 32 Comments. Jul 19, 8, Hypes 2 Comments. Jul 19, 58, Hypes 10 Comments. A release date, however, is yet to be announced. Jul 19, 5, Hypes 3 Comments. A new MacBook Pro might also be on the way. Jul 19, 20, Hypes 7 Comments. Alongside other rule changes that could dramatically change the sport. Jul 19, 12, Hypes 4 Comments. Originating from northwest China, it was used for clothing and medicine.

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Crypto farm had 3,800 PS4 consoles – all taken over

Consoles built on era technology might not be great at mining, but they don't need to be when you have 3, 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. From the photos provided by the SSU, it looks like these consoles are of the PS4 Slim variety, the refresh of the original console from three years prior. Mostly obsolete for newer games, it's not at all surprising that so many could be sourced en masse so easily. It's hard to estimate what kind of performance you could get on a console jury-rigged to mine cryptocurrency, but the GPU in the PS4 Pro is a lower-powered derivative of the silicon in AMD's RX -- and that card's higher -clocking refresh, the RX , was found by Tom's Hardware to be a pretty inefficient card for Ethereum mining these days, even when tuned.

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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.

PS4 Consoles Now Used To Mine Cryptocurrency?

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PS4 Cryptocurrency Mining Operation Busted

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. Described as the biggest underground mining operation found by the Ukrainian police, the farm housed almost 5, computer tools items, together with 3, PlayStation 4 consoles, over graphics playing cards, 50 processing items, notebooks, telephones and flash drives. Given its barely outdated configuration in comparison with many mining rigs out there at the moment, even a console PS4 setup would fail to generate significant returns with authorized electrical energy utilization. The Eastern European nation is attempting to steer the area with crypto-friendly initiatives such because the proposal of a invoice that goals to find out the authorized standing of crypto belongings, together with guidelines for their circulation and issuance within the nation.

Cryptomining Bust collects 500 graphics cards and 3,800 PS4 consoles

Ukraine's Security Service SBU recently raided a cryptocurrency mining farm located next door to the Vinnytsiaoblenergo energy distribution company in the city of Vinnytsia, confiscating thousands of PS4 Pros that were being used as part of a mining operation. Possible collusion with power company officials hadn't been ruled out either by the spy agency, according to the Kyiv Post , as spotted by Kotaku. There's no word yet if Vinnytsiaoblenergo will be fined for all the noise pollution generated from running a few thousand PS4 Pros. As for why PS4 Pros were used, that comes down to the flexibility of how cryptocurrency can be mined by a wide variety of hardware if it's set up properly. The more advanced the better, and Sony's last-gen console still has plenty of power underneath its chassis. While the SBU didn't mention how many of the 3, game consoles it seized were PS4 Pros, the crypto-mining operation can't have been cheap. Cryptocurrency operations are still lucrative ventures, but one that has had a devastating effect on the planet and the environment due to the massive carbon footprint and energy demands that it entails. The rise of Non-Fungible Tokens NFTs has only added to the discussion over the increasingly harmful side-effects of crypto-mining, with Nvidia having to throttle the mining potential of its latest graphic cards just so that they can actually be used for what they were intended for: gaming.

Crypto mining: illegal farm that used 3,800 PlayStation 4 consoles discovered

As the cryptocurrency boom comes to a halt thanks to China banning it, Ukrainian law enforcement busted a c ryptocurrency mining operation that was using over PlayStation 4 consoles. Who knew that the PS4 could mine crypto? Well, the perpetrators who had set up camp in the abandoned warehouse, stealthily using the city's power grid for electricity sure did.

Illegal miners used an empty warehouse of an electricity supplier in Ukraine to connect to the electricity grid. Several thousand PS4 game consoles were used. But mining experiments were also allegedly carried out with its successor, the PlayStation 5. In Ukraine, the investigative authorities struck a major blow against an illegally operated mining farm near the city of Vinnytsa.

Published , 19 July BST. Last week, what was thought to be a cryptocurrency mining operation in Ukraine was raided to discover more than 5, devices - including 3, PlayStation 4 Slims - in a warehouse. Cool cool cool. The issue about the cryptocurrency claim was that a PlayStation 4 isn't the most efficient doodad out there for mining cryptocurrency , even if you've got thousands of the things switched on and siphoning electricity from the city of Vinnytsia. Thinking outside of the box is admirable, but according to this report from Delo and photos from the Ukrainian Security Service, these PlayStation 4 Slims were actually playing FIFA 21 automatically to accrue in-game currency and farm Ultimate Team cards. Jury's out on whether this is better or worse than the original theory that this warehouse was mining cryptocurrency instead, as the two aren't the most charitable of economic ventures. Behold - the glory of playing FIFA across three ginormous screens.

Thousands of PlayStation 4 gaming consoles have been seized after their discovery in an old warehouse, used to illicitly mine for cryptocurrency. Ukraine's Security Service said last week that in the city of Vinnytsia, located along the Southern Bug river, there was an abandoned warehouse in its industrial area that once belonged to an electricity company, JSC Vinnytsiaoblenergo. Upon entry, law enforcement found what it has called the country's "largest underground cryptocurrency farm. In total, roughly 3, gaming consoles were rigged together and stored on metal racks -- and over graphics cards and 50 processors were also found.