Tesla car owners mine up to $800 of crypto assets per month by hacking their cars

Tesla cars are not only the best electric cars out there but they are also multipurpose in nature. Recently, two-tesla car owners revealed that they mined crypto assets using their hacked-out cars. San Francisco-based Siraj Raval, who owns a 2019 Tesla Model Mannequin 3, was able to mine up to $800 or 62,000 INR a month in crypto assets with his hacked-out electric car.

Tesla cars can mine crypto by manipulating the car’s ECU:

91588868 Tesla car owners mine up to $800 of crypto assets per month by hacking their cars

Chris Allessi is an electric car dealer who mines Monero and Bitcoin. Car hacking involves manipulating the code in a car’s electronic control unit or ECU in order to exploit a vulnerability and gain control of other ECU units in the vehicle.

Two Tesla owners mined Bitcoin and Ethereum alongside Monero. They elaborated on how they were able to turn their cars into miners of digital currencies. Raval revealed that he connected graphics processing units or GPUs to his 2018 Model 3 to mine crypto assets with his car.

Raval was able to hack his Tesla Model 3 onboard internal firmware to mine crypto and concluded from the process that using GPUs was the most efficient way. He also stressed that the modification to the Tesla system invalidates the warranty of the car, however, it does pay off dividends.

bitcoin crypto reuters 1200 Tesla car owners mine up to $800 of crypto assets per month by hacking their cars

He earnt as much as $800 in Ether when it reached its peak value in 2021. Chris Allessi started mining his hacked-out Tesla car in 2018. Chris leveraged a power inverter and a Bitmain Antminer S9 and tied them directly into his Model S battery in order to mine Bitcoin.

Allessi utilized the EV brand’s onboard internal firmware to mine cryptocurrencies such as Monero (XMR). He ran mining programs within the browser. In 2021, a Canadian-based light electric vehicles (LEV) company, Daymak Inc. began to mine cryptocurrency on the 29th of June with its first prototype electric Spiritus.

Via: TOI

Also read:

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

More like this

Bitcoin at the Crossroads: Decoding the Cryptocurrency Conundrum in...

In the high-stakes world of digital finance, Bitcoin stands as a testament to volatility, resilience, and the...

Bitcoin in 2025: The Crypto Crossroads of Uncertainty and...

In the high-stakes world of cryptocurrency, Bitcoin has never been for the faint of heart. The year...

PI Coin: The Crypto Underdog Taking the Market by...

PI Coin Crypto Updates! In the ever-evolving world of cryptocurrency, a new player has emerged, capturing the attention...
Tesla Robotaxi

Tesla Robotaxi: Uber vs Tesla – The Robotaxi Battle...

Tesla Robotaxi: The future of autonomous ride-sharing is shaping up to be a competitive battlefield, and Uber...

Crypto Goldmine: 4 Game-Changing Coins Set to Explode in...

Crypto Goldmine Updates! Imagine turning a modest investment into a life-changing fortune. In the wild, unpredictable world of...

LATEST NEWS

Samantha Ruth Prabhu: A Regal Celebration of 15 Years in Indian Cinema

Samantha Ruth Prabhu, a name synonymous with elegance and talent in the Indian film industry, recently marked a significant milestone—15 glorious years in cinema....

Mira Kapoor: Where Comfort Meets Couture – A Fashion Manifesto

In the grand theater of fashion, some performers don’t just wear clothes – they tell stories. Mira Kapoor is one such storyteller, a maestro...

Oscars 2025: From Cynthia Erivo to Kylie Jenner Most Stunning Red Carpet Fashion Moments Revealed

The 97th Academy Awards or Oscars 2025 transformed the red carpet into a canvas of artistic expression, where fashion became more than clothing –...

XMG NEO 16 Pre-Orders: Ryzen 9 9955HX3D, RTX 5090 Powerhouse

Gaming enthusiasts, get ready! XMG has officially opened pre-orders for its latest NEO 16 gaming laptop, featuring cutting-edge Intel and AMD processors, including the...

Featured