Man claims he mined crypto profitably with Tesla car, but there’s a catch

[ad_1]

Alex dovbnya

Man Successfully Turns Tesla Model 3 Car Into Money Generator By Mining Cryptocurrency

While cryptocurrency mining is typically associated with noisy and cumbersome mining rigs, a man in San Francisco has discovered a way to profitably mine Bitcoin and Ethereum with his looking Tesla Model 3 car. elegant.

Siraj Raval recently told CNBC that he managed to make $ 800 per month last year when cryptocurrency market prices were at their peak.

Raval directly connected graphics processing units (GPUs) to the Model 3’s electric motor while running a cryptocurrency mining script using the car’s FSD computer:

It’s a computer with wheels … It’s so easy to hack this computer car.

The mining setup remains profitable even during market corrections, according to Raval.

Ultimately, he plans to transform his sedan into a robotaxi in order to be able to mine cryptocurrencies while the car is parked.

Raval intends to use part of his income to invest in a multitude of cryptocurrencies.

As reported by U.Today, Toronto-based competitor Tesla Daymak also announced a three-wheeled vehicle capable of mining cryptocurrency when idle.

Is it worth it?

YouTube Allessi, who was also interviewed by CNBC, claims he also had to make a profit mining crypto with his Tesla car in 2018, but he took advantage: free and unlimited supercharging that was available for vehicles purchased. before January 2017. After the Electric car maker began to phase out the popular advantage, it made less sense to use the car battery for mining:

Why would you put that kind of wear and tear on a $ 40,000 to $ 100,000 car?

Raval’s car will likely cease to be covered by the remaining factory warranty, but the hobbyist is willing to take such a risk.

[ad_2]