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The gaming gear seized by Ukrainian authorities was being utilised to generate in-game cash rather than farming cryptocurrency.
The confiscation of 3,800 PlayStation systems reportedly used to generate bitcoin was revealed last week. The stolen game consoles were discovered as part of a cache of gear discovered by Ukrainian officials during a search on a farmhouse accused of tampering with electric metres in order to syphon electricity from the local grid.
According to early reports, the PS4 consoles, graphics cards, processor units, and other gear discovered at the scene were being utilised for illegal crypto mining activities.
However, according to an investigation by Ukrainian business publication Delo, the seized PlayStation consoles were being used to generate content packs and coins for FIFA Ultimate Team (FUT), a game mode in the popular FIFA football game title.
FUT coins and cards are normally earned by winning football matches in the game, but the raided facility was reportedly producing black market variations of these in-game products. According to Delo, Ukraine’s Secret Service has yet to confirm or refute its findings, preferring to keep the facts of the current enquiry private.
The initial report questioned the probability of the unlawful business being utilised for crypto mining, stating:
“PlayStation 4 is not the ideal rig to mine cryptocurrency. Given its slightly outdated configuration compared to many mining rigs available today, even a 16-console PS4 setup would fail to generate meaningful returns with legal electricity usage.”
Using gaming gear to mine cryptocurrency, on the other hand, is not uncommon and has been connected to graphics processing unit (GPU) shortages for non-crypto mining users. Budget PC gamers were unable to obtain next-generation graphics cards for their computers due to increased demand for GPUs from miners and a global semiconductor scarcity.