Man says he is using Tesla, Inc. (NASDAQ: TSLA) Vehicles to be mined Bitcoin Generates (CRYPTO: BTC) and other cryptocurrencies and up to $ 800 per month.
What happened: Shiraji Rawal San Francisco has tried a myriad of ways to mine cryptocurrencies using the 2018 Tesla Model 3, CNBC reported.
The method reportedly attempted by Raval is to use a Mac mini M1 computer. Apple (NASDAQ: AAPL) Connects a graphics processing unit (GPU) connected to his car’s 12 volt power socket to Tesla’s “Frank”.
Laval wasn’t the only one reported mining with Tesla, YouTube and car dealers. Chris Aresi I also tried to convert Tesla to a mining rig using different approaches.
According to the report, one way Allessi mined Bitcoin was to use an inverter to connect the Bitmain Antminer S9 computer directly to the car’s battery.
According to Raval, the most profitable method is to hack Tesla’s internal computer in addition to connecting the GPU directly to the vehicle’s electric motor.
“It’s a computer with wheels … it’s very easy to hack into this computer car,” Raval said.
Related item: How to buy Tesla (TSLA) shares
Important reason: Tesla CEO Elon Musk Often tweeted about cryptocurrencies and are famous lovers of joke cryptocurrencies Dogecoin (Cryptography: Doge).
Raval said he used his car to mine cryptocurrencies until 2021 and earned $ 400 to $ 800 a month. According to CNBC, he said he was making $ 800 a month when ETH prices peaked last year.
Tesla hackers and cryptocurrency miners Thomas Somes He said such high profits were impossible.
“The best estimate I have for the model 3 GPU hash rate is about 7-10 MH / s. Currently at 10 MH / s, about $ 13.38 worth of ether revenue before deducting costs. “Sohmers says according to CNBC.
Allessi told CNBC that he had given up on car mining.
“The difficulty is very high … I was able to make more money by working at McDonald’s.”
In particular, Allessi bought his car before January 2017 and benefited from a scheme that offered free and unlimited supercharging for the life of his car. According to CNBC, in 2018 he estimates that he will earn $ 10 through Bitcoin mining in a 60-hour window.
Raval said he sees the potential for cryptocurrency mining through vehicles when Robotaxis hits the road. He said such cars could pay for repairs, electricity bills, mining upgrades, etc. on their own.
Last year, Tesla’s rival Daymak Inc The Spiritus electric car said it would be able to mine cryptocurrencies while parked.
Price action: Tesla shares closed on Friday at $ 1,026.96, down 3.5% in regular sessions. During the press, BTC traded 0.6% higher at $ 41,860.49 and ETH traded 2.1% higher at $ 3,156.26 over a 24-hour period.
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