Siraj Raval (2018 Tesla Model 3 owner) claims that he has mined as much as $800 per month in crypto assets using his hack-out electric vehicle. Similarly, Chris Allessi, the owner of a Tesla Model S tethered a Bitmain Antminer S9 to his car’s electrical system to mine bitcoin, and he’s mined monero with the car’s internal computer as well.
Tesla Owners Mining Bitcoin Ethereum and Monero
Two Tesla owners have shared how their Teslas were rigged to mine digital currency. Siraj Raval said that he had connected GPUs (graphics processing units) to his Tesla Model 3 in 2018 to mine cryptocurrency assets. While the modification to the Tesla system voids his warranty, Raval stressed that “it’s worth it” and claims to have raked in $800 a month in ethereum (ETH) during last year’s ether price highs.
Chris Allessi from Wisconsin started this same endeavor in 2018. Allessi has been tinkering with ideas like this for a while, and he operates a Youtube channel called “K-Man Auto” working on custom electronic vehicles. “I like electricity. I like zapping stuff, building stuff. You give me an electric motor, I give you a finished product,” Allessi told CNBC on January 8.
Allessi says he utilized a Bitmain Antminer S9 power inverter, as well as a Bitmain Antminer S9 to connect them into his Tesla Model S batteries for mining bitcoin (BTC). Moreover, Allessi also reports that he leverages Tesla’s onboard internal firmware to mine crypto assets like monero (XMR). “It was no big deal,” Allessi said during his interview. “I could run the mining program within the browser,” he further remarked.
Electric Vehicle Company Daymak’s Electric Car Built to Mine Crypto, BMW i8 Mines Ethereum
Raval has also used his Tesla Model 3’s internal firmware hacking to mine crypto. Raval noted that it was the best and most lucrative method, along with using GPUs. Raval and Allessi have not been the only ones to consider mining digital assets from an electric vehicle. Daymak, a Canadian electric vehicle manufacturer, announced plans for launching an electric vehicle called Spiritus capable of mining cryptocurrencies.
Last year in January, the publication PC Gamer reported that Simon Byrne’s BMW i8 could mine ethereum (ETH) with the electric battery system. Byrne’s car utilized a total of six Nvidia RTX 3080 GPUs to mine the second leading crypto asset. According to Byrne, he hacked out his hybrid-electric BMW i8 with crypto miners “just to annoy gamers.”
Do you have any thoughts about Tesla owners creating cryptocurrencies using their electric cars as a means of making money? Please comment below to let us know your thoughts on this topic.
Images CreditsShutterstock. Pixabay. Wiki Commons
DisclaimerThis article serves informational purposes. This is not an invitation to purchase or sell directly, nor a suggestion or endorsement of products, services or companies. Bitcoin.com doesn’t offer investment, tax or legal advice. This article does not contain any information, products, or advice that can be used to cause or alleged result in any kind of damage.