Tesla Owner Mined Up To $800 A Month In Crypto With His Car

Today, mining is no longer a labor-intensive activity; This term is more related to cryptocurrencies. In the process, new cryptocurrency is circulated by the user; A user forms a blockchain network using a variety of hardware. This is not an easy task; Creating such a network is very expensive, requires a lot of money and too much electricity. However, one bitcoin and Ethereum miner found a way to get minimal electricity costs by connecting his MacBook to his 2018 Tesla model, CleanTechnica reported.

Based in San Francisco Siraj Raval mined Ethereum by connecting a bunch of GPUs to his Tesla car battery. He told CNBC how he mines crypto using the internal computer and the car battery. He claims he made $800 per month during his peak period in 2021.

According to CNBC, he runs free bitcoin mining software on his Apple MacBook and powers the computer by plugging an inverter into a 12-volt electrical outlet in his car’s center console. Although this voids the car’s warranty, he accepts its value.

His car is a computer on wheels

Further speaking to CNBC, he said, of his blockchain network, that his car is a computer with wheels; it is very simple to hack into car computer. He did all of this using an algorithm. His Tesla car delivers 320 miles (approximately) per charge, and for this, charging the battery takes $15. His monthly bill costs up to $40, which can be less than the monthly electric bill when Cryptocurrency Mining. However, the Tesla is an expensive car; it costs up to 100,000 dollars. To minimize his setup costs, Raval uses second-hand GPUs purchased on eBay.

The experts also did this earlier

This method has even been tested before.

Cheris Alllessi, an early Wisconsin car dealer, told CNBC that he decided to tinker with his Tesla in 2018. He, also known as K-Man on his YouTube Channel, builds a custom electric car at leisure. Allesi tried different ways to turn his Tesla Model S into a car Cryptocurrency mining rig.

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