On April 2, in Hong Kong waters outside international authorities, Hong Kong customs found a suspicious number of people unloading cardboard boxes from a fishing boat onto a nearby boat. While the men escaped, authorities reportedly detained a fishing boat and discovered a large selection of apparently smuggled goods, everything from dried shark fins and cosmetics to electronics.

Specifically, it was reported that these items, totaling $ 31 million, were hidden from over 300 Nvidia CMP 30HX graphics cards; A new series of GPUs for cryptocurrency mining released by Nvidia earlier this year to ensure that other GPUs are mostly used by gamers.

In mid-February, Nvidia explained, “To meet the special needs of Ethereum mining, we are announcing the NVIDIA CMP, or Cryptocurrency Mining Processor, which is a line of professional mining products.”

The CMP 30HX offers Ether hash rates up to 26 MHz / s and is based on the previous 12nm Turing architecture. It is shipped without reproductions as it is not intended for use in graphics workloads. The 30HX is said to sell for over $ 700, which has caused technical journalists to scoff for its unfavorable comparison to other cheaper GPUs that can be used to mine cryptocurrency.

Some speculate that the smuggled cards were headed to China as several regional authorities took steps to prevent cryptocurrency mining, although there is currently no evidence to support this claim.

Back in Hong Kong, an official report indicates that the 43-year-old fishing boat owner has been arrested as an investigation into the failed operation continues. Under Hong Kong’s import and export laws, anyone caught smuggling faces a maximum fine of $ 2 million and seven years in prison.

Source: CoinTelegraph