{"id":4441,"date":"2022-01-10T21:20:08","date_gmt":"2022-01-10T21:20:08","guid":{"rendered":"http:\/\/egrowonline.com\/?p=4441"},"modified":"2022-01-10T21:20:08","modified_gmt":"2022-01-10T21:20:08","slug":"guy-pays-for-tesla-by-using-it-to-mine-bitcoin","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=4441","title":{"rendered":"Guy Pays For Tesla By Using It To Mine Bitcoin"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<figure class=\"sc-1eow4w5-1 dhDQnh align--bleed js_lazy-image js_marquee-assetfigure\" data-id=\"1ecc245c206bbfc76626d997f322d50e\" data-recommend-id=\"image:\/\/1ecc245c206bbfc76626d997f322d50e\" data-format=\"jpg\" data-width=\"1312\" data-height=\"740\" data-lightbox=\"true\" data-recommended=\"false\" data-hide=\"false\">\n<div class=\"sc-1eow4w5-2 loxZOX has-data img-wrapper\" style=\"max-width:1312px\" data-link-reference=\"\" data-link-target=\"\" data-syndicationrights=\"false\" data-imagerights=\"other-license\" data-hidecredit=\"false\"><span class=\"sc-1eow4w5-0 dnhHtZ js_lightbox-wrapper\"><\/p>\n<div style=\"padding-bottom:56.4%\" class=\"sc-1eow4w5-3 lktKQM image-hydration-wrapper\">\n<div><img alt=\"Image for article titled The Unholy Marriage of Crypto and Telsa Bros Made This Guy\" srcset=\"https:\/\/i.kinja-img.com\/gawker-media\/image\/upload\/c_fill,f_auto,fl_progressive,g_center,h_80,pg_1,q_80,w_80\/1ecc245c206bbfc76626d997f322d50e.jpg 80w, https:\/\/i.kinja-img.com\/gawker-media\/image\/upload\/c_fit,f_auto,g_center,pg_1,q_60,w_140\/1ecc245c206bbfc76626d997f322d50e.jpg 140w, https:\/\/i.kinja-img.com\/gawker-media\/image\/upload\/c_fit,f_auto,g_center,pg_1,q_60,w_265\/1ecc245c206bbfc76626d997f322d50e.jpg 265w, https:\/\/i.kinja-img.com\/gawker-media\/image\/upload\/c_fit,f_auto,g_center,pg_1,q_60,w_340\/1ecc245c206bbfc76626d997f322d50e.jpg 340w, https:\/\/i.kinja-img.com\/gawker-media\/image\/upload\/c_fit,f_auto,g_center,pg_1,q_60,w_490\/1ecc245c206bbfc76626d997f322d50e.jpg 490w, https:\/\/i.kinja-img.com\/gawker-media\/image\/upload\/c_fit,f_auto,g_center,pg_1,q_60,w_645\/1ecc245c206bbfc76626d997f322d50e.jpg 645w, https:\/\/i.kinja-img.com\/gawker-media\/image\/upload\/c_fit,f_auto,g_center,pg_1,q_60,w_740\/1ecc245c206bbfc76626d997f322d50e.jpg 740w, https:\/\/i.kinja-img.com\/gawker-media\/image\/upload\/c_fit,f_auto,g_center,pg_1,q_60,w_965\/1ecc245c206bbfc76626d997f322d50e.jpg 965w, https:\/\/i.kinja-img.com\/gawker-media\/image\/upload\/c_fit,f_auto,g_center,pg_1,q_60,w_1165\/1ecc245c206bbfc76626d997f322d50e.jpg 1165w, https:\/\/i.kinja-img.com\/gawker-media\/image\/upload\/c_fit,f_auto,g_center,pg_1,q_60,w_1315\/1ecc245c206bbfc76626d997f322d50e.jpg 1315w, https:\/\/i.kinja-img.com\/gawker-media\/image\/upload\/c_fit,f_auto,g_center,pg_1,q_60,w_1465\/1ecc245c206bbfc76626d997f322d50e.jpg 1465w, https:\/\/i.kinja-img.com\/gawker-media\/image\/upload\/c_fit,f_auto,g_center,pg_1,q_60,w_1600\/1ecc245c206bbfc76626d997f322d50e.jpg 1600w\" data-chomp-id=\"1ecc245c206bbfc76626d997f322d50e\" data-format=\"jpg\" data-alt=\"Image for article titled The Unholy Marriage of Crypto and Telsa Bros Made This Guy\" data-anim-src=\"\" \/><\/div>\n<\/div>\n<p><\/span><\/p>\n<p><figcaption class=\"sc-7s1ndr-0 ikKPtM no-caption\">Image<!-- -->: <!-- -->Tesla<\/figcaption><\/p>\n<\/div>\n<p><span data-id=\"1ecc245c206bbfc76626d997f322d50e\" data-recommend-id=\"image:\/\/1ecc245c206bbfc76626d997f322d50e\" data-format=\"jpg\" data-width=\"1312\" data-height=\"740\" data-lightbox=\"true\" data-recommended=\"false\" data-hide=\"false\" class=\"js_recommend\" \/><\/figure>\n<p class=\"sc-77igqf-0 bOfvBY\">CNBC may have found the last guy you want to talk to at a party. Siraj Raval is using his 2018 Tesla Model 3 to <span><a target=\"_blank\" class=\"sc-1out364-0 hMndXN sc-145m8ut-0 cYiQhX js_link\" data-ga=\"[[&quot;Embedded Url&quot;,&quot;External link&quot;,&quot;https:\/\/www.cnbc.com\/2022\/01\/08\/tesla-owner-mines-bitcoin-ethereum-with-his-car.html&quot;,{&quot;metric25&quot;:1}]]\" href=\"https:\/\/www.cnbc.com\/2022\/01\/08\/tesla-owner-mines-bitcoin-ethereum-with-his-car.html\" rel=\"noopener noreferrer\">mine cryptocurrencies<\/a><\/span> and says he\u2019s made up to $800 a month in the process.<\/p>\n<p class=\"sc-77igqf-0 bOfvBY\">But how did he do it\u2026 and more importantly, was it worth it? We\u2019ll get to the second part of the question in a bit. As for how, Raval says he plugged an inverter into a power socket in his car and used it to power a computer running B<!-- -->itcoin-mining software. He has also hooked up GPUs to the Model 3\u2019s frunk and ran<!-- --> the machines off of the car\u2019s internal battery.<\/p>\n<p class=\"sc-77igqf-0 bOfvBY\">He spends about 20 hours a day mining with his Tesla Batteries and that he pays between $30 and $60 a month to charge the batteries.<\/p>\n<p class=\"sc-77igqf-0 bOfvBY\">Even though hacking into a Tesla to mine B<!-- -->itcoin (an insane sentence) risks voiding the car\u2019s warranty, Raval told CNBC that it\u2019s worth it.<\/p>\n<p class=\"sc-77igqf-0 bOfvBY\">But again\u2026 was it worth it? Well, according to CNBC, profits depend a lot on when the driver bought the car. Another Tesla Crypto-miner, Chris Allessi. He purchased his car before January 2017, meaning he was grandfathered into Tesla\u2019s free and unlimited supercharging for the life of the car.<\/p>\n<p class=\"sc-77igqf-0 bOfvBY\">It should be mentioned that it takes an <span><a target=\"_blank\" class=\"sc-1out364-0 hMndXN sc-145m8ut-0 cYiQhX js_link\" data-ga=\"[[&quot;Embedded Url&quot;,&quot;External link&quot;,&quot;https:\/\/www.businessinsider.com\/bitcoin-mining-electricity-usage-more-than-google-2021-9#:~:text=Bitcoin%20mining%20consumes%20around%2091,from%20just%20five%20years%20ago.&quot;,{&quot;metric25&quot;:1}]]\" href=\"https:\/\/www.businessinsider.com\/bitcoin-mining-electricity-usage-more-than-google-2021-9#:~:text=Bitcoin%20mining%20consumes%20around%2091,from%20just%20five%20years%20ago.\" rel=\"noopener noreferrer\">insane amount of energy<\/a><\/span> to mine bitcoin and other cryptos.<\/p>\n<p class=\"sc-77igqf-0 bOfvBY\">Allessi said that in 2018 he would make about $10 worth of bitcoin in a 60-hour period \u2013 which was all profit because he didn\u2019t have to pay for the energy.<\/p>\n<p class=\"sc-77igqf-0 bOfvBY\">Even thought it was profitable, He says it was hardly worth it. <\/p>\n<blockquote data-type=\"BlockQuote\" class=\"sc-8hxd3p-0 bkawEW\">\n<p class=\"sc-77igqf-0 bOfvBY\">\u201cWhy would you want to put that kind of wear and tear on a $40,000 to $100,000 car?\u201d Allessi said. \u201cAnd right now, even though the price for bitcoin has gone up dramatically, so has the difficulty level&#8230;In the same amount of time with the exact same equipment, I\u2019m probably looking at $1 or $2 worth of bitcoin.\u201d<\/p>\n<\/blockquote>\n<p class=\"sc-77igqf-0 bOfvBY\">It\u2019s a different story when it comes to Raval\u2019s Model 3\u2026 which he has to pay to charge. He still maintain he makes between $400 and $800 a month. Though some aren\u2019t sure how valid those numbers are.<\/p>\n<p class=\"sc-77igqf-0 bOfvBY\">Another Tesla Hacker and crypto miner, Thomas Sohmers, who says he first hacked a Model 3 in 2018, told CNBC those kinds of profits aren\u2019t possible.<\/p>\n<blockquote data-type=\"BlockQuote\" class=\"sc-8hxd3p-0 bkawEW\">\n<p class=\"sc-77igqf-0 bOfvBY\">\u201cThe best estimate I would have for the hashrate for the GPU in the Model 3 would be around 7-10 MH\/s. Currently, at 10 MH\/s, that would generate revenue of about $13.38 worth of ether, before any expenses,\u201d Sohmers told CNBC.<\/p>\n<\/blockquote>\n<p class=\"sc-77igqf-0 bOfvBY\">Despite this, Raval says mining crypto with his Tesla isn\u2019t a gimmick. He believes he\u2019ll be able to make his Model 3 a fully autonomous robotaxi that earns crypto whenever it\u2019s not driving. Yes,<!-- --> you read that correctly.<\/p>\n<p class=\"sc-77igqf-0 bOfvBY\">Please keep in mind that we are probably <span><a target=\"_blank\" class=\"sc-1out364-0 hMndXN sc-145m8ut-0 cYiQhX js_link\" data-ga=\"[[&quot;Embedded Url&quot;,&quot;External link&quot;,&quot;https:\/\/futurism.com\/the-byte\/teslas-plans-robotaxis-network-nonsense&quot;,{&quot;metric25&quot;:1}]]\" href=\"https:\/\/futurism.com\/the-byte\/teslas-plans-robotaxis-network-nonsense\" rel=\"noopener noreferrer\">decades<\/a><\/span> away from Teslas being able to drive themselves, despite what the<!-- --> Cryp<!-- -->to-memelord Elon Musk has to say.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/jalopnik.com\/the-unholy-marriage-of-crypto-and-telsa-bros-made-this-1848333206\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Image: Tesla CNBC may have found the last guy you want to talk to at a party. Siraj Raval is using his 2018 Tesla Model 3 to mine cryptocurrencies and says he\u2019s made up to $800 a month in the process. But how did he do it\u2026 and more importantly, was it worth it? We\u2019ll [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4442,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[37],"tags":[50,3372,2124,585],"class_list":["post-4441","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-guy","tag-pays","tag-tesla"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/01\/1ecc245c206bbfc76626d997f322d50e.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/4441","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4441"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/4441\/revisions"}],"predecessor-version":[{"id":4443,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/4441\/revisions\/4443"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/4442"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4441"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}