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Author Topic: important question about an ASIC  (Read 134 times)
wahid.92000 (OP)
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January 18, 2022, 09:54:30 PM
 #1

Hi, I have a silly question but a friend of mine just bought an ASIC from a private person and after the sale the guy told him that the ASIC was stolen or I don't know what (we don't know more, the seller doesn't answer anymore ^^), yet the ASIC works perfectly according to my friend, so my question is to know if with a stolen ASIC he risks something? Like since an ASIC must be connected in ethernet it can be traced or not at all?

Bitcoin_Arena
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January 31, 2022, 10:43:16 PM
 #2

You might be risking. If I were you, I would avoid using the ASIC. There have been instances where stolen Bitcoin miners have been tracked down

Why do you think he sold the stolen miner to you and cut off contact?

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RayBarK
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March 14, 2022, 07:37:46 AM
 #3

Hi, I have a silly question but a friend of mine just bought an ASIC from a private person and after the sale the guy told him that the ASIC was stolen or I don't know what (we don't know more, the seller doesn't answer anymore ^^), yet the ASIC works perfectly according to my friend, so my question is to know if with a stolen ASIC he risks something? Like since an ASIC must be connected in ethernet it can be traced or not at all?


Honestly depends on where the miners were stolen, and from whom. The chances of it getting tracked are greater than zero and instances like the one linked above have taken place.
He might get lucky and nothing happens, however, it is not a good idea to use stolen property for any use, let alone mining.
Even if he mines to a hardware wallet, the funds will be dirtied.
Spacebar96
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March 14, 2022, 07:53:10 AM
 #4

Everything that is connected to the internet can be tracked. Using or purchasing stolen devices is also not a good idea. I would suggest you to get rid of the ASIC because it can cause issues.
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