The Great Crypto Heist – Tech Tuesday In Two Minutes

Mitch JoelPosted by

It’s a story that should be a James Bond movie… or Mission: Impossible.

High speed boat chases in the early morning, as smugglers try to get their goods into a market and out of the hands of the authority.
Gold bullion? Drugs? Jewelry? Contraband?
Nope.
GPUs.

What’s a GPU?

A CPU is the central processing unit of a computer.
A GPU is the graphics processing unit of a computer.
Not just for rendering graphics, but now the GPU is used for everything from artificial intelligence to mining for cryptocurrency.
Plus, it’s happening is a world where there is a shortage of computer parts and hardware.

The plot thickens.

Hong Kong Customs and Excise Department nabbed a fishing boat outside of Honk Kong’s airport, and busted up a smuggling ring that was trying to get 300 Nvidia CMP 30HX graphic cards into the black market.
The boat managed to get away, but the boat owners caught.
Crypto mining seems to be the big push in the GPU smuggling business.
These GPUs are dedicated for professional mining (according to Nvidia’s website).
What a world we live in.

The full story is here: Smugglers transported 300 GPUs in a Mission Impossible-style speed boat chase (via DigitalTrends).

This is what Heather Backman and I discussed this morning over on Jack 103 FM for a couple of minutes.

What is Tech Tuesday?

If you ever find yourself wondering… What, exactly, is the point of TikTok? How can I make myself look better on a Zoom? Reddit? What’s that about? How do I help my kids be safer online? Who’s the latest creator and streamer that I should be checking out?

You are not alone.

Every Tuesday – for just a few minutes – I join Heather Backman (my old buddy from her days on CHOM FM) on the air at Jack 103 (Rogers Sports & Media) to give a quick blast about the current state of technology, media and Internet culture. We’re calling the segment Tech Tuesday (and we do it in just a few minutes).

Subscribe to get it free in your inbox right here.

Once the segment goes live on Jack 103, I will post it here for you to listen in, learn, share and engage….