3,000+ PlayStation Consoles Discovered In Raid, Modified To Mine Crypto
We’ve seen esports and gaming get integrated in the crypto landscape left and right lately – but not quite in ways like this. Thousands of PlayStation consoles were last week modified to mine crypto. The Details Of The Operation The Ukrainian Security Service (SBU) raided the operation last week for allegedly stealing electricity; the SBU […]
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The original report from GizChina said that a software developer had modified the CPU and graphics cards on the new gaming console to mine crypto. While users might still be able to adapt some gaming consoles for mining cryptocurrency, evidence suggests that recent reports of a modified PlayStation 5 mining Ether (ETH) are fake.According to a report from news outlet GizChina, Chinese software developer Yifan Gu mined Ether using a PlayStation 5. The report claimed that the developer may have overclocked the PS5’s AMD Ryzen CPU and AMD Radeon GPU cards to achieve a mining hash rate of 98.76....
The gaming hardware confiscated by the Ukrainian police was being used to create in-game currency and not for farming cryptocurrency. Last week, Cointelegraph reported on the seizure of 3,800 PlayStation consoles allegedly being used to mine cryptocurrency. The confiscated gaming units were among a stash of hardware discovered by Ukrainian authorities during a raid on a farmhouse accused of tampering with electric meters to steal power from the local grid.Based on the initial reports at the time, the PS4 consoles, graphics cards, processing units and other hardware found at the scene was....
Sony, the electronics giant, has revealed a patent that would introduce bitcoin wagering in its consumer electronic products and consoles, like the Playstation system. Spectators of a game could wager about what will happen next in an e-sports competition, and odds would be calculated by a machine algorithm depending on rankings or previous match history. This could be tied to some movements Sony made earlier this year. Sony Files Patent for Bitcoin Wagering on Playstation Sony, the consumer electronics company, has revealed it filed a patent for gambling or wagering in e-sports....
Miners used an empty warehouse of an electricity supply company to plug into the grid and mine crypto on a variety of devices, including gaming consoles. Ukrainian authorities have raided an allegedly illicit crypto farm in the country. According to an official announcement from the Security Service of Ukraine, the facility was located on the former premises of JSC Vinnytsiaoblenergo, an electricity supply company. The illegal crypto miners concealed their activities by manipulating electricity meters to steal electricity from JSC Vinnytsiaoblenergo. Described as the largest underground....
The creator of PlayStation is unimpressed by the metaverse. Ken Kutaragi, the father of Sony’s Playstation, has shared his thoughts on the metaverse narrative that is gaining traction. The former Sony executive believes the metaverse concept of dividing the real and virtual worlds is pointless. Playstation Inventor Unimpressed With The Metaverse In an interview with […]