Watch steamroller trample a thousand Bitcoin ASICs in Malaysia

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A thousand Bitcoin mining rigs trampled by steamroller

China isn't the only country cracking down on crypto. A recent video shows the Malaysian government crushing 1,069 Bitcoin mining rigs with a steamroller.

The rigs, reportedly worth R18.2 million, were confiscated between February and April this year in the Miri province.
 
Yeah, impossible to buy a reasonably priced graphics card thanks to these fukkers. But seriously why crush them? Donate them to kids that don't had PC's
 
Mekon said:
Yeah, impossible to buy a reasonably priced graphics card thanks to these fukkers. But seriously why crush them? Donate them to kids that don't had PC's
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Yeah, this bugs me, it's like certain countries crushing luxury cars. Auctions the bloody things off and put the money to better use..
 
The world is in what journalists call the "silly season" when weird actions are all there is to report. Flattening a bunch of mining rigs is just another replay of the Luddites smashing machinery.
 
I say it is fake news. Probably old UPS's they couldn't currently sell as new to SA.
 
Nuro said:
I might be wrong, but AFAIK these miners are ASICs, so they are pretty useless as general purpose machines.
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Could be. they look purpose made.
 
RedViking said:
I say it is fake news. Probably old UPS's they couldn't currently sell as new to SA.
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It's not. It's a public stunt for "environmentalism". These are s9s, extremely ineffecient at the current network hashrate and barely used by miners.
 
RedViking said:
So probably just old equipment then.
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Yea extremely old, even before the china ban, resellers were moving containers worth of them for less than $200 per unit. The only miners interested in s9s are those looking for low CAPEX exposure and have access to extremely low cost / kWh ($0.003, basically hosting farms).
 
Mekon said:
Yeah, impossible to buy a reasonably priced graphics card thanks to these fukkers. But seriously why crush them? Donate them to kids that don't had PC's
Click to expand...

In Malaysia, it is due to its illegal use regarding electricity, so the ASIC miners are being made obsolete otherwise it will go back in circulation repeating the same issue. In other places like China, pending on the case, the machines are auctioned.
 
What a crime against our world. That took pollution and natural resources to make.
 
Mekon said:
Could be. they look purpose made.
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The headline says it all: ASIC or "application-specific integrated circuit". Those processors are designed to do one thing and one thing only.
 
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