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Old 19-07-21, 07:24 AM
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Malaysia exerts justice on Bitcoin Miners via steamroller

Over 1,000 Bitcoin mining ASICs were destroyed.



Read more about Malaysia steamrolling over 1,000 Bitcoin miners.

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Old 19-07-21, 09:19 AM
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The smashrate of the roller is quite impressive
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Old 19-07-21, 02:27 PM
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SebastianAltena SebastianAltena is offline
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You know what I love? destroying limited resources by using limited resources and wasting even more of limited resources to clean up the mess, each one of those things has 1kw psu in it not to mention that asic manufacturers can't get any allocation making prices of miners sky high in this point in time; Good job Malaysians I see you have elected some of the truly brightest people who are indubitably the pride of their hometowns to represent your own impeccable intellect and run your country https://youtu.be/f1N5lZw7e78
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Old 19-07-21, 05:15 PM
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Yeah, this is a moronic solution to a problem.
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Old 19-07-21, 10:42 PM
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Quote:
Originally Posted by looz View Post
The smashrate of the roller is quite impressive
LOL, I see what you did there.
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Old 20-07-21, 11:24 AM
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Quote:
Originally Posted by SebastianAltena View Post
You know what I love? destroying limited resources by using limited resources and wasting even more of limited resources to clean up the mess, each one of those things has 1kw psu in it not to mention that asic manufacturers can't get any allocation making prices of miners sky high in this point in time; Good job Malaysians I see you have elected some of the truly brightest people who are indubitably the pride of their hometowns to represent your own impeccable intellect and run your country https://youtu.be/f1N5lZw7e78
In fairness, the article explains that it may have been the only solution.

"These "PCs" cannot be repurposed as consumer PC and selling them would lead to the creation of new cryptocurrency mining operations.

In this case, the destruction of these ASIC miners was the only viable option for the Malaysian justice system. According to the Miri Police, illegal electricity supply connections have lead to frequent power outages and three home-razing electrical fires in 2021. Currently, the Miri Police are working on new ways to detect illegal electricity connections and cryptocurrency mining operations."
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