A person from San Francisco claimed that he did crypto mining through his Tesla car last year and grabbed a huge profit.
Crypto mining is a very old method to generate income but now it is not beneficial for people because of high-cost electricity and high competition, but still, there are few people in this crypto industry, which are mining crypto assets with their efficient methods.
Siraj Raval is a Tesla Model 3 car owner from San Francisco. Recently he appeared in an interview with CNBC. Through the interview, he explained how he made a profit last year.
Siraj said that he was doing crypto mining ( Bitcoin and Ethereum) in 2021, with the help of his Tesla car. And grabbed around $800 per month, however, the price of bitcoin was at a peak at that time.
Siraj explained that he connected his mining rig directly with the electric car and the FSD computer of Car was connected to run the mining script.
“It’s a computer with wheels…It’s so simple to hack into this computer car.”
Surja also claimed that the mining of Bitcoin was profitable even under huge corrections in the market.
This guy also said that he is planning to do the same in the long run. And he will change his sedan into a robotaxi to mine Bitcoin or Ethereum in idle situations.
Earlier this Allessi, a YouTuber, also appeared in the interview with CNBC. In the interview, Allessi claimed that crypto mining through his Tesla car resulted in a profit for him, in 2018.
But also explained that cryptocurrency mining was profitable for those who bought Tesla cars before January 2017. At that time, free unlimited supercharging was available.
But now it will not be an advantageous factor for anyone because it will only ruin the battery and also will have void warranty. And obviously, it doesn’t make sense to mine cryptocurrencies with Car battery power.
“Why would you want to put that kind of wear and tear on a $40,000 to $100,000 car?”