YouTuber claims to make $800 a month mining crypto with his Tesla - but how true is it?

Published on Feb 22, 2022 at 6:29 AM (UTC-5)
by Alessandro Renesis

Last updated on May 18, 2022 at 8:50 AM (UTC-4)
Edited by Alessandro Renesis

YouTuber claims to make $800 a month mining crypto with his Tesla - but how true is it?
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American Youtuber Siraj Raval claims he makes $800 a month mining crypto with his 2018 Model 3 Tesla. 

Raval claims he hacked the onboard firmware and has been mining an average of 0.25 – 0.30 ETH (worth around $800) a month for nearly a year. 

But others in the crypto community have thrown serious doubt on his Tesla mining claims. 

READ MORE: Crypto billionaire sleeps on a beanbag and wants to donate $20 billion

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Miner Thomas Somers told CNBC there was no way Raval was telling the truth. 

Mr Somers said the YouTuber was likely earning no more than $13 each month. 

Raval has not yet responded to his doubters. 

So far, we’ve seen crypto mining from private customers but as it turns out, automakers are moving in this direction as well. 

A company in Denmark called Daymak has just launched the Spiritus EV, a weird- and futuristic-looking 197-hp 3-wheeler that can apparently mine crypto while it’s parked. 

The Spiritus EV with a setting sun.
Image: Spiritus EV / Daymak

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Alessandro is an automotive journalist with 10 years of experience covering supercars, automotive history, emerging vehicle technology, and luxury transportation. He wrote the first article published on SupercarBlondie.com when the website launched in 2022 and has since built a reputation for insightful reporting across the automotive and transportation industries. His expertise is grounded in hands-on experience. Alessandro has driven every Tesla model ever produced, from the original Roadster to the Cybertruck, and regularly covers the latest developments in electric vehicles and automotive innovation. His passion for transportation extends beyond cars, he has even flown a Boeing 787 Dreamliner simulator in Addis Ababa, Ethiopia. His reporting spans everything from classic American muscle cars and rare automotive discoveries to luxury yachts, private aircraft, high-end watches, and cutting-edge vehicle technology. Known for his deep knowledge of automotive history and ability to uncover the stories behind iconic vehicles, Alessandro brings readers a blend of historical context, technical expertise, and first-hand experience.