Seized PS4 consoles in Ukraine used for FIFA accounts, not crypto mining

graphical modern digital world news background 1 scaled

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 being used for illegal crypto mining operations.

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.

Players usually have to earn FUT coins and cards by winning football matches in the game, but the busted warehouse was allegedly generating black market variants of these in-game items. According to Delo, Ukraine’s Secret Service has yet to confirm or deny its findings, with the agency electing to keep details of the ongoing investigation under wraps.

Related: Ukrainian police seize 3,800 PS4 consoles used for illegal crypto mining

Cointelegraph’s initial report did cast doubts on the likelihood of the illegal operation being used 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 Given its slightly outdated configuration compared to many mining rigs available today, even a 16-console PS4 setup would fail to generate meaningful returns with legal electricity usage.”

However, using gaming hardware to mine cryptocurrencies is not unheard of and has in fact been linked with graphics processing unit (GPU) shortages for non-crypto mining users. Increasing demand for GPUs from miners coupled with a global semiconductor shortage saw budget PC gamers unable to secure next-generation graphics cards for their hardware.

Ronnie Huss

Ronnie Huss

Leave a Reply

Your email address will not be published. Required fields are marked *

Share:

Share on telegram
Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

Related Posts

bitcoin
Bitcoin (BTC) $ 51,724.86
ethereum
Ethereum (ETH) $ 2,987.88
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 380.73
solana
Solana (SOL) $ 104.15
xrp
XRP (XRP) $ 0.543005
staked-ether
Lido Staked Ether (STETH) $ 2,986.59
usd-coin
USDC (USDC) $ 1.00
cardano
Cardano (ADA) $ 0.595068
avalanche-2
Avalanche (AVAX) $ 37.30
tron
TRON (TRX) $ 0.139745
dogecoin
Dogecoin (DOGE) $ 0.084917
chainlink
Chainlink (LINK) $ 18.45
polkadot
Polkadot (DOT) $ 7.60
matic-network
Polygon (MATIC) $ 0.980758
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 51,704.85
the-open-network
Toncoin (TON) $ 2.08
internet-computer
Internet Computer (ICP) $ 12.99
shiba-inu
Shiba Inu (SHIB) $ 0.000010
uniswap
Uniswap (UNI) $ 7.43
bitcoin-cash
Bitcoin Cash (BCH) $ 262.48
litecoin
Litecoin (LTC) $ 69.38
dai
Dai (DAI) $ 1.00
immutable-x
Immutable (IMX) $ 3.34
filecoin
Filecoin (FIL) $ 8.23
hedera-hashgraph
Hedera (HBAR) $ 0.116465
kaspa
Kaspa (KAS) $ 0.171233
bittensor
Bittensor (TAO) $ 606.14
leo-token
LEO Token (LEO) $ 4.13
cosmos
Cosmos Hub (ATOM) $ 9.89
blockstack
Stacks (STX) $ 2.59
ethereum-classic
Ethereum Classic (ETC) $ 25.94
optimism
Optimism (OP) $ 3.66
aptos
Aptos (APT) $ 9.38
near
NEAR Protocol (NEAR) $ 3.25
stellar
Stellar (XLM) $ 0.115575
vechain
VeChain (VET) $ 0.044756
first-digital-usd
First Digital USD (FDUSD) $ 1.01
injective-protocol
Injective (INJ) $ 35.16
okb
OKB (OKB) $ 51.13
render-token
Render (RNDR) $ 7.73
celestia
Celestia (TIA) $ 17.18
lido-dao
Lido DAO (LDO) $ 3.05
the-graph
The Graph (GRT) $ 0.283344
mantle
Mantle (MNT) $ 0.771154
crypto-com-chain
Cronos (CRO) $ 0.092583
arbitrum
Arbitrum (ARB) $ 1.85
monero
Monero (XMR) $ 122.83
sei-network
Sei (SEI) $ 0.859614
sui
Sui (SUI) $ 1.72