Crypto, Lifestyle, Tech

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

Published on Feb 22, 2022 at 3:29 PM (UTC+4)
by Alessandro Renesis

Last updated on May 18, 2022 at 4:50 PM (UTC+4)
Edited by Kate Bain

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. 

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YouTuber Siraj Raval poses with headphones on and a camera in his backpack.
Image: Siraj Raval Instagram
A Tesla Model 3 parked near a mountain.
Image: Tesla Model 3/ Unsplash

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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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Experienced content creator with a strong focus on cars and watches. Alessandro penned the first-ever post on the Supercar Blondie website and covers cars, watches, yachts, real estate and crypto. Former DriveTribe writer, fixed gear bike owner, obsessed with ducks for some reason.