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English => News => Topic started by: Redaktion on July 19, 2021, 16:28:06

Title: Malaysian police steamroll over 1,000 Bitcoin mining ASICs seized from an illegal mining farm
Post by: Redaktion on July 19, 2021, 16:28:06
Police in the Malaysian city of Miri busted a Bitcoin mining operation that used over 1,000 ASICs. The authorities then proceeded to run a steamroller over the equipment and captured it on video. Bitcoin mining isn't illegal in Malaysia, but the perpetrators were charged with stealing RM8.4 million (US$1.9 million) worth of power from the city grid.

https://www.notebookcheck.net/Malaysian-police-steamroll-over-1-000-Bitcoin-mining-ASICs-seized-from-an-illegal-mining-farm.551470.0.html
Title: Re: Malaysian police steamroll over 1,000 Bitcoin mining ASICs seized from an illegal mining farm
Post by: Qu on July 20, 2021, 10:56:28
"gone ham on the ASICS" ...was that pun intended :) - note what the front of the steamroller says ...you are welcome :D
Title: Re: Malaysian police steamroll over 1,000 Bitcoin mining ASICs seized from an illegal mining farm
Post by: ariliquin on July 20, 2021, 11:37:25
What's the chances the GPU's were removed first for gifts to friends and family, we can only hope otherwise what a waste.
Title: Re: Malaysian police steamroll over 1,000 Bitcoin mining ASICs seized from an illegal mining farm
Post by: Anil Ganti on July 20, 2021, 11:48:06
Quote from: Qu on July 20, 2021, 10:56:28
"gone ham on the ASICS" ...was that pun intended :) - note what the front of the steamroller says ...you are welcome :D

Ayy someone noticed. Yes, that was intentional.
Title: Re: Malaysian police steamroll over 1,000 Bitcoin mining ASICs seized from an illegal mining farm
Post by: Anonymousgg on July 20, 2021, 11:50:14
Quote from: ariliquin on July 20, 2021, 11:37:25
What's the chances the GPU's were removed first for gifts to friends and family, we can only hope otherwise what a waste.

They're ASICs, not GPUs. But they could have sold them to legitimate users. Just another example of government bureaucracy in action.
Title: Re: Malaysian police steamroll over 1,000 Bitcoin mining ASICs seized from an illegal mining farm
Post by: Spunjji on July 20, 2021, 16:09:56
Quote from: Anonymousgg on July 20, 2021, 11:50:14
Quote from: ariliquin on July 20, 2021, 11:37:25
What's the chances the GPU's were removed first for gifts to friends and family, we can only hope otherwise what a waste.

They're ASICs, not GPUs. But they could have sold them to legitimate users. Just another example of government bureaucracy in action.

Steamrolling them is a waste, but then Bitcoin mining ASICs are a waste of sand from the moment they're made - they're built purely to burn power in aid of enriching people who were already wealthy. How's that for wasteful? It's entirely private too, no government involvement. 🙄