A Tesla owner tried to mine crypto with his car by using the vehicle’s internal computer and battery power to mine crypto. So let’s find out more in today’s crypto news.
San Francisco-based Siraj Raval is mining Ethereum by connecting graphics processors to the Tesla car battery. The Tesla owner tried every aspect of the car with the help of his Tesla 2018 Model 3. He also plugged interconnected graphics processors into his socket and ran the machines on the car’s internal battery. However, some of the risks were that his car warranty could expire, but Raval said it was worth it.
Tesla owner Siraj Raval uses his Model 3 to mine cryptocurrencies. Source: CNBC
When the ETH price peaked in 2021, it claimed it was making around $ 800 a month. BTC miner Alejandro de la Torre said mining a Tesla is similar to connecting it to any other power source. He said:
“The main component is the price of electricity. If it is cheaper with an electric vehicle, then so be it. “
As early as 2018, Chris Allesi, who said he was the first electric car dealer in Wisconsin, decided to play with his Tesla as well. He also has a Youtube channel where he builds and notes bespoke electric cars in his spare time:
“I like electricity. I like zapping things, building things. You give me an electric motor, I’ll give you a finished product. “
Allesi tried different ways to turn his Tesla Model S into a crypto mining rig. The mining process is very energy-intensive, with machines all over the world bringing their computing power into the overall network to create new coins and validate the transactions of existing tokens. They do this by running special software that processes complicated math equations. A computer and electricity are required to participate.
Tesla owner Siraj Raval uses his Model 3 to mine cryptocurrencies. Source: CNBC
Allesi attempted to mine BTC by hooking a Bitmain Antminer S9 mining rig directly to his car battery with an inverter that adjusts the voltage of the car’s electric battery to a level compatible with his Antminer. He said the process wasn’t a big deal. However, Raval has five GPUs plugged into its Tesla battery and is running a hashing algorithm to mine ETH.
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