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Crypto Mining With Your Tesla
Description
Teslas ($TSLA@US) and other EVs function as high-end computers on wheels, offering the potential for owners to use them for more than a trip to the grocery store. Siraj Raval uses his Model 3 to mine crypto. He runs free bitcoin mining software on his Apple Mac mini M1 and powers the computer by plugging an inverter into the 12-volt power socket located in the center console of his car. He hooks up interconnected GPUs to the Tesla front trunk — the frunk — running the machines off the car’s internal battery. Another Tesla owner, Chris Allessi, has gone even further. He bought his Tesla before January 2017, so he gets a lifetime of fast, free charging — he uses the car's battery to dig for Bitcoin with a Bitmain Antminer. He also hacks Tesla's firmware from the car's screen to set up a webpage that lets him dig for the Monero privacy token. Neither man made a fortune in their enterprises — Raval makes $400 to $800 a month and Allessi far less — but the proof of concept is its own reward. As Alessi points out, “Why would you want to put that kind of wear and tear on a $40,000 to $100,000 car?”
Keywords & Tags
#ev
#electric vehicle
#crypto
#cryptocurrency
#nft
#non-fungible token
#finance
#inflation
#business
#crypto news
#blockchain
#tesla
#tech
#altcoins
#economic recovery
#digital asset
#crypto broker
#crypto mining
#Model 3
#battery
#economic growth
#virtual currency
#economic outlook
#GPUs
#800 a Month
#Car
#Siraj Raval
#bitcoin mining software
#Apple Mac mini M1
#center console
#Bitmain Antminer
#firmware
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