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English => News => Topic started by: Redaktion on January 09, 2022, 16:31:41

Title: Tesla owners reveal how they mine for Bitcoin and Ethereum with the electric car's battery and GPU
Post by: Redaktion on January 09, 2022, 16:31:41
A couple of enterprising Tesla owners have been using their electric cars to mine for cryptocurrencies or privacy tokens like Monero. According to them, the most profitable way to mine for crypto with a Tesla is to use a hacked firmware and hook graphics processing units directly to the electric motor. One Tesla Model 3 owner reveals that this way he was able to net up to $800 a month in Ethereum when the cryptocurrency was at its record price.

https://www.notebookcheck.net/Tesla-owners-reveal-how-they-mine-for-Bitcoin-and-Ethereum-with-the-electric-car-s-battery-and-GPU.591479.0.html
Title: Re: Tesla owners reveal how they mine for Bitcoin and Ethereum with the electric car's battery and G
Post by: mixedfish on January 10, 2022, 00:45:56
Profit $800 a month but lose thousands on unseen depreciation on the battery. What a genius.
Title: Re: Tesla owners reveal how they mine for Bitcoin and Ethereum with the electric car's battery and G
Post by: andre drabs on February 19, 2022, 06:36:13
quick calc:
800usd x 12 = 9600usd per year in crypto, at least 10 years before his battery is completly broke

so the guy is clever, he sold his battery for 96k usd while he can buy a new battery for max 20% of his gains...

more if/when the value of his crypto goes a simple 100% higher in the next 10 years

just my 2 cents