Income up to $ 800 a month or crypto farm on wheels
Abril, 21, 2022.
Hello, dear friend of Read Cash!
If you speak English, you can also read me. Click here to read it in your language.
We always say things like "time is running out" or "you're wasting time. But is everyone really "wasting time"? That's what we'll talk to you about in this article.
San Francisco blogger Siraj Rawal customized his Tesla electric car to produce cryptocurrency. This allowed him to earn up to $800 a month without much effort.
To mine Ethereum and Bitcoin cryptocurrency, the author of the 700,000 YouTube channel hacked the firmware of his Tesla Model 3. This allowed him to allocate extra power to five additional GPUs.
"This is a computer with wheels ...
It's so easy to hack this computer car," Mr. Raval is quoted as saying.
He realizes that after such manipulation of the car, Tesla will deny him warranty service. But he believes it was worth it.
Siraj Rawal explained how to mine bitcoin and"ether" on Tesla. Source: instagram.com
This approach has divided experts into two camps. For example, miner Alejandro de la Torre argues that the Tesla battery is no different from any other energy source for cryptocurrency production.
"The main component is the price of electricity. If it's cheaper to do it with an electric car, why not?" - says the miner.
Whit Gibbs, CEO of Bitcoin-mining company Compass, says it's theoretically possible to build the design developed by Raval. "All the mechanisms are in place. There's a power source, there's enough space, you can add cooling. There's definitely enough power in the batteries to run the miner," he states.
However, Chris Allessi, who is personally familiar with "teslamining," considers this an irrational use of the capacity of a not at all cheap electric car. "Why wear out a $40,000 to $100,000 car like that?" - he wonders.
He, too, has tried mining bitcoin and Monero token with his Tesla Model S by hooking up a Bitmain Antminer S9 mining system to it. But over the years, the complexity of BTC mining has increased so much that in 2021, the energy needed to mine $10 bitcoin three years ago will only be enough to mine $1-2 worth of BTC.
"The complexity is too high. You can make more money working at McDonald's," the expert says. He admits he quit mining because of this.
Miner Thomas Somers pointed out that there is no need to hack it to produce cryptocurrency with the Tesla Model 3. The electric car's default battery capacity is 100 kWh - all initial or self-built devices will only consume that supply.
"There was no need to do what Raval says and did. It doesn't make technical sense," Somers said.
Besides, he doesn't believe Siraj Rawal's venture could have yielded such a high return. According to his calculations, even
Model 3 GPU's maximum hash rate (miner processing power) of 10 mega hashes per second would provide only about $13.38 in monthly income from mining Ethereum.
Good luck to you readers read.cash
@Belozoriana
Dear God, what people are willing to do is just our of this world. Is it worth it though? I don't understand very well the process and all that, but I can agree with the expert when he says, quote:
But hey, everyone is entitled to do what they want, as long as any law is broken and nobody gets hurt.
Good day to you dear Belo ❣️