In a recent interview, 2018 Tesla Model 3 owner Siraj Raval talked about how he used his car to mine altcoins. Sharing that his monthly passive income is approaching $1,000, Raval hopes that one day his Tesla will be a fully autonomous robotaxis. Details Cryptocoin. com
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Tesla owner explains how he mines altcoins with his car
According to a report by Raval on CNBC, there are several ways to mine crypto with Tesla:
He runs free Bitcoin mining software on his Apple Mac mini M1 and plugs an inverter into the 12-volt cigarette lighter outlet on his car’s dashboard to power the computer. It also connects interconnected graphics processing units or GPUs in the front trunk of his Tesla and runs these machines from the car’s internal battery.
- But Raval’s favorite way to mine cryptocurrencies like Ethereum is to use JavaScript to hack Tesla’s native CPU. The CPU is the car’s onboard computer that aids in system navigation and provides entertainment to drivers.
While Raval is aware that hacking his Tesla and mining crypto could void the warranty, he told CNBC that in 2021, when Ethereum (ETH) and Polygon (MATIC) prices were at ATH levels, he earned up to $800 a month from mining with them.
Siraj Raval satisfied with Tesla mining returns
Raval said he was “generating around $400 to $800 a month in revenue throughout 2021, making this venture profitable even in the cryptocurrency’s recession.” Raval hopes that someday in the future his Tesla will be a fully autonomous robotaxis:
It will use the earnings from both transportation services and cryptocurrency mining services to pay for its own expenses such as repairs, electricity costs and upgrades, and invest them in a diversified portfolio of emerging crypto community networks.