The Ukrainian government has announced that they shut the largest cryptocurrency farm in the country and seized its assets, including 3800 PlayStation

3800 PlayStation 4s Seized In Illegal Ukraine Cryptocurrency Farm

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2021-07-13 11:00:11

The Ukrainian government has announced that they shut the largest cryptocurrency farm in the country and seized its assets, including 3800 PlayStation 4s (pictured above, credit SBU). This was a piece of almost 5000 parts of computer equipment seized.

The government announcement (which we're using machine translation for) doesn't directly say what the PlayStation 4s were used for, but it is difficult to imagine anyone hooking up this many unless they were being used for cryptocurrency mining in this building. This would be the first definitive proof of PlayStation 4s used for cryptocurrency mining if that is indeed the case. It wouldn't be without complete precedent, as seen by the homebrewed Game Boy and Raspberry Pi bitcoin set up, but it would be new and might explain some of the difficulties that were had in acquiring consoles last year. It also brings to mind the old reports of the U.S. government hooking together over 1500 PlayStation 3s to build a super computer.

The reason that the government raided the facilities is because they violated the criminal code of Ukraine via theft of electricity. This was done in how they accounted for the electricity, which allegedly was done in conjunction with local officials. In the announcement, the government says the monthly losses from this location was 5 to 7 million UAH, which translates to between roughly 180k and 250k US.

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