Skip to main content

clever Tesla owner is using his Model S to mine cryptocurrency for free.

Building a cryptocurrency miner that doubles as a heater is cool, but one inventor has taken the concept of mining to a whole new level. A creative Tesla owner managed to fit a legitimate mining rig inside the trunk of his shiny Model S.

But here is the best part: all the electricity needed to keep the mining rig running is coming from Tesla’s free Superchargers – or so the inventor says. The quirky setup went viral after the inventor took to Facebook group Tesla Owners Worldwide to share images of the Model S-fitted miner.

For those unfamiliar with the term, mining refers to the process of solving series of cryptographic puzzles in order to verify transactions on the blockchain. One of the common issues with mining, though, is that it requires a substantial amount of computing power – which in turn results in bigger electricity bills.

For this reason, miners are constantly seeking for more environment-friendly and cost-efficient solutions. In fact, this is precisely how the idea for the Tesla-miner came to exist.

Another member of Tesla Owners Worldwide jokingly suggested fitting a miner inside a Model S could help avoiding huge energy bills by relying on electricity from the free Supercharger network. Well, someone thought this is indeed a good idea.

Judging by the images, the mining rig in question uses GPUs to solve puzzles. This means that, while it isn’t suitable for mining Bitcoin (which requires ASIC chips), it could mine other cryptocurrencies like Ethereum.

Still, as Motherboard points out, putting a crypto-miner inside your Tesla might not be the smartest idea. According to their calculations, the monthly income you can generate by running the miner from your trunk just about equals the average monthly lease for a Model S (assuming the owner is on one of Tesla’s free Supercharger programs).

Yes, the miner will eventually pay for the Tesla, but you’ll have to keep it running 24/7 for years to get to that point. That is, assuming Tesla keeps its Superchargers free, which might not be the case. Not to mention that – factoring in the heat generated by the GPUs inside – you’ll practically be turning your vehicle into an oven.

Comments

Post a Comment

Popular posts from this blog

Windows 10 now on 600 million machines.

Microsoft CEO Satya Nadella told shareholders that Windows 10 has now passed 600 million monthly active users, picking up 100 million since May of this year. This number counts all Windows 10 devices used over a 28-day period. While most of these will be PCs, there are other things in the mix there: a few million Xbox Ones, a few million Windows 10 Mobile phones, and special hardware like the HoloLens and Surface Hub. The exact mix between these categories isn't known, because Microsoft doesn't say. The company's original ambition (and sales pitch to developers) was to have one billion systems running Windows 10 within about three years of the operating system's launch. In July last year, the company acknowledged that it won't hit that target—the original plan called for  50 million or more phone sales a year , which the retreat from the phone market has made impossible. But at the current rate it should still be on track for somewhere in excess of 700 million use...
Post a Comment
Read more

WZoneLite – A Pretty Cool WooCommerce Amazon Affiliate Plugin .

Everyone wants to make a million dollars by being a blogger. The promise of riches and internet fame is a big draw to doing it for a lot of people, and I’m sorry to say that the reality of being a blogger (even a professional blogger!) is not quite…as financially lucrative as all that. But that’s not to say that it  can’t be –one of the best ways to start your empire is with an Amazon affiliate plugin. For me, the Amazon Associates program has been one of the biggest earners for me over the years. Not only are there CPM ads like Google Adsense (you know, the normal banner ads we all love to hate), but any time someone clicks a link from your site, you get a percentage of  anything  they buy while the token from your site lasts in their browser. If they buy a song, you get a few cents. If they buy a new MacBook Pro and iPhone? You get…a lot more cents. With that in mind, WZoneLite is a  pretty cool WooCommerce Amazon affiliate plugin that syncs everything together s...
Post a Comment
Read more

Battlin' billionaires: Trump campaign clashes with Facebook CEO over border wall

On Tuesday Facebook CEO Mark Zuckerberg criticized what he called "fearful voices" that want to build walls. Although Zuckerberg, who made his comments at a Facebook conference of developers, did not name presidential candidate Donald Trump, his remarks did not sit well with the GOP presidiential candidate's campaign. On Wednesday, Trump spokeswoman Katrina Pierson said Zuckerberg lives so far outside reality that he fails to see the detrimental effect of illegal immigration on the lives of people who live along the U.S.-Mexico border. "I think I'll take Mark Zuckerberg seriously when he gives up all of his private security, moves out of his posh neighborhood and comes live in a modest neighborhood near a border town,"Pierson said in an interview on CNBC. "And then I'm sure his attitude would change." While Trump hardly is the only Republican candidate who has ever pushed for tightened border security, USA Today noted, the billionai...
Post a Comment
Read more