An alleged cryptomine actually cultivated the currency “FIFA Ultimate Team”

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A warehouse in Ukraine that is said to be used for mining cryptocurrency actually contained more than 3,800 PS4s cultivating FIFA Ultimate Team currency.

A document posted on the Ukrainian Security Services (SBU) website says Ukraine’s largest crypto farm has been shut down. However, most of the hardware used consisted of PlayStation 4 consoles, which are not powerful enough for efficient cryptocurrency mining.

Instead, the space is believed to have been used to grind FIFA coins on a large scale. The SBU document says more than 3,800 consoles were seized, along with 500 video cards and 50 processors.

The warehouse used for the robots was targeted due to the illegal use of electricity. The SBU estimates that the value of the stolen electricity could range from 130,000 to 180,000 (5 7 million Ukrainian hryvnias)

FIFA 21 Credit: EA

FIFA Coins can be used to purchase Player Packs for the popular FIFA Ultimate Team (FUT) mode of the game. Packs can be purchased with real money or with earned FIFA Coins.

Players can also be purchased for coins in the in-game auction room, eliminating the random element of purchasing packs. Bots are used on many PS4 consoles all playing the game at the same time, thus increasing the number of FIFA Coins earned.

There are several black market sites for selling and buying FIFA Coins. This is done using the in-game Auction House and a quick trade that provides a buyer with the number of coins they have paid for. People can even sell and buy entire accounts based on the value of their players and their collected currency.

In other gaming news, over 700,000 graphics cards were purchased by crypto miners earlier this year, resulting in limited availability and high prices.

Sources

1/ https://Google.com/

2/ https://www.nme.com/news/gaming-news/alleged-ukrainian-crypto-warehouse-was-actually-farming-fifa-ultimate-team-currency-2996123

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