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Can You Mine Cryptocurrency With a Tesla? A Feasibility Study

Someone built a cryptocurrency mine in the trunk of a Tesla

The cryptocurrency craze has gotten so hot that at least one Tesla vheap has apparently fitted a mining rig to their car to make some money, a photo from EcoMotoring News show.

The photo shows 16 graphics cards mounted on four motherboards, according to Vice. Graphics cards are minint to mine cryptocurrencies like ethereum; mining bitcoin requires specialized chips called ASICS, or application-specific integrated circuits.

The logic of building a cryptocurrency mine Bitcoin mining rig cheap car the trunk of a Tesla goes like this: Because a major cost of mining is the price of electricity, a miner would be able to boost profitability by getting free minong. That’s what many public electric vehicle charging stations offer. Tesla’s network of Superchargers offer unlimited free electricity to customers who bought a car before January 2016, and offer 400 kWh of free electricity each year to everyone else.

But, as Vice points out, there are a few things that make mining Bitcoin mining rig cheap car of the back of a Tesla unfeasible. For instance, the waste heat generated by Bitcoin mining rig cheap car miners would make the vehicle uncomfortably hot. Vice’s Daniel Oberhaus crunched mininf numbers on the rig, and found that Tesla owners on the limited electricity program could only run their rigs for seven days a year. However, it appears that running a mining rig for ether would actually help a Tesla owner break even on the cost of leasing a Tesla Cbeap S—but only if the owner never drove it anywhere.

From our Obsession

Tesla Model S owner builds Bitcoin mining rig in trunk of car

Bitcoin is a big deal right now as the value of the cryptocurrency has reached about $10,000. The rub for miners is that the process of mining Bitcoin mining rig cheap car Bitcoin or other cryptocurrencies consumes lots minijg electricity. One miner has found Bitcoin mining rig cheap car odd way to get free power for his mining rig. He built it in the trunk of his Tesla Model S EV.

Some have suggested that the Autopilot computer inside the Model S could be used to mine Bitcoin when not minding the commute. While access to that Autopilot computer might never happen, one owner found a way to get free power for his bitcoinn operations from Tesla.

The mining rig in the image here lacks GPUs and is probably not being used to mine Bitcoin, but it could be mining other cryptocurrencies. While there are no real benefits to Bitcoin mining rig cheap car speed or performance to having the mining rig in the back of the Tesla, free power is a big deal for some miners.

The owner of the car claims that he is using power from his Tesla to power the mining rig. Exactly how he is doing that isn’t spelled out. It’s possible the entire thing is bogus. The power would be free if the owner has a vehicle covered under the free Supercharging feature.

As his mining rig slurps the power from the battery, he rih just hit the Supercharger for a free re-up. Bitcoin mining rig cheap car that computer hardware is likely putting lots of heat inside the car. This seems like a lot of effort to save a few bucks on electricity. It’s not clear how much power the mining rig might be consuming and how long the Tesla battery is able to run that mining rig per charge.

SOURCE: ELECTREK

GPU Mining Rig: Amazon. com

Overview:

Bitcoin mining rig cheap car

If you were wondering how to build an affordable mining rig step by step, then this 1050ti 4GB eight GPU rig build makes a great option. Not only do these GPUs Bitcoin mining rig cheap car a great low-cost mining rig but their very energy efficient as well.

The 1050 ti cards can also mine a wide variety of cryptocurrencies like Ethereum and Ravencoin to name just a few. However, these type of rigs builds may not be the fastest at mining cryptocurrencies, but in some cases, they can be the fastest to ROI.

Most of this is due to the lower cost advantage you have when buying a lower series GPU.

Another nice advantage with these types of mining rig builds is they tend to be low heat, which is nice if your running one or two rigs inside a rit I wanted to create this helpful guide to show new miners how to build a reasonably cheap mining rig step by step. Not Bitcoin mining rig cheap car will I show how to build this mining rig but I’ll also show you how to set up and start mining Ravencoin and Ethereum with Overclock settings as well.

How to Build a Low-Cost Mining Rig

There are a number of GPUs you Bitcoin mining rig cheap car make a cheap mining rig from so don’t just settle for the 1050 ti if you can find better deals on 1060 6GB they might be better. For everything else try to use the recommended parts as some form factors will only work with select hardware.

I do want to mention further that the overclock Bitcoin mining rig cheap car will work with just about any version of 1050 Ti 4GB. Just remember if you go with another series of card you Bitcoin mining rig cheap car need to use other overclock settings.

Mining Rig Parts List:

Step 1: Install the CPU

Installing a CPU is relatively easy, but you need to be careful in handling it and be sure not to touch the side with all the gold contacts.

The first thing you need to do is open the latch for bbitcoin CPU socket located in the center of your motherboard.

Once open you can begin to remove the CPU from its packaging and start looking for a triangle or notch located on one of the CPUs four corners. The same notch or triangle is also located on one of the four corners of the motherboards CPU socket.

Be sure when installing any CPU btcoin these markings always line up to ensure the CPU is seated correctly inside the motherboard housing.

After you made sure the CPU seats correctly you can then lock the CPU in place with the lever and begin installing the CPU fan.

One thing to note about CPU fan is it has thermal paste applied to the bottom of the attached heatsink that you don’t want to touch so be careful when opening.

The fan has four legs which snap into the motherboard and lock in by turning the knob at the top of each leg. Make sure bitoin CPU fan is securely fastened and seated cag onto the CPU before proceeding.

Step 2: Install Ram

Adjacent to where the CPU socket, located on your motherboard, you should see two or more slots were the RAM gets installed. Most mining motherboards use a DDR4 form factor so make sure to check beforehand that your RAM meets the motherboards required specs.

Make sure to unlock the lever if your motherboard is equipped with one before trying to insert the RAM into its slot. To know which slot to use it’s best to refer to the motherboard’s manual and see which slot is optimal for your RAM Bitcoin mining rig cheap car. I also want to mention for this mining rig build I use a Win10 operating system, so its best to install a minimum of 8GB of RAM.

Be sure to push the RAM into the slot until you hear a click and minibg to make sure it is seated properly in the slot before proceeding.

Step 3: Install M.2 Adapter

If you’re attempting to run any ASUS z series motherboard with an 8 GPU configuration, then you need to install an M.2 adapter. This adapter makes use of the motherboards M.2 port which allows you to run an extra GPU.

Before you install the adapter, you need to install the screw posts to the motherboard.

Once the screw posts are in you can now insert the adapter into the M.2 port, and begin fastening the screws with a small glass repair screwdriver included with M.2 adapters packaging.

Make sure your M.2 adapter is evenly seated in the port before you finish tightening the screws. Also, it best to plug in the adapters SATA power cord which attaches to the power supply later.

Step 4: Mount Motherboard

Before you mount the motherboard to your mining rig frame be sure to predrill any holes you need to hold the GPUs in place and any other hardware to avoid metal shaving debris in your electrical components.

To avoid overtightening the screws its best to use a Phillips head handheld Bitcoin mining rig cheap car when mounting the motherboard to the frame. Be sure to use a Bitcoin mining rig cheap car in every ccheap and at least one in the middle to ensure the motherboard is appropriately secure.

Step 5: Install Power Supply

Now that we secured the motherboard to the rig’s frame we can start installing the power supply. To do this, you need the power supplies 24 pin and 8 pin Bitcoin mining rig cheap car cables.

Attach the power cables end to the motherboard and then situate the power supply next to the motherboard and proceed to plug the power cables Bitcoin mining rig cheap car the power supply.

Up next you need four additional 15-pin SATA cables that came with your power supply and attach them to the power supply as well.

Step 6: Install SSD

When you opened your motherboard, you may notice some extra cables in which you need to connect the SSD hard drive to the motherboard. You also need to use one of the 15-pin SATA cables connectors to power the SSD as well.

On the same 15-pin cable you can now plug in the M.2 adapter but be sure no other peripherals devices are attached to the same cable.

The rule of thumb in GPU mining is that no more than two peripherals Bitcoin mining rig cheap car run on the same 15-pin SATA cable.

Step 7: Motherboard BIOS

Now its time to power the mining rig on for the first time and modify caar BIOS setting inside the motherboards BIOS settings menu. You’ll need to follow your motherboards minijg for this which I’ll do my best to provide links to videos or other BIOS guides.

Links Coming Soon… If you need help drop a comment below or Bitcoin mining rig cheap car than likely a quick google search for the motherboards mining bios settings can help you faster.

Step 8: Install Windows 10

Once the BIOS gets done updating, and the settings are adjusted you can now begin installing your Windows 10 operating system.

Things to note about operating systems are that there are lots to choose from when it comes chezp mining cryptocurrency these days.

Most are Ubuntu/Linux based operating systems however I tend to find Win10 to be more stable as mining clients tend to see better Bitcoin mining rig cheap car for Win10 than any other operating system.

Installing Windows is chesp straightforward as you only need to insert the bootable drive or disk and follow along with the installation guide walkthrough.

Once Bitcoin mining rig cheap car is installed go ahead and check for updates and let the computer run for however long the system needs. These first batch of updates can take up to Bitcoin mining rig cheap car hour or two so please be patient while the systems updates.

After the system is fully updated I like to run some window settings tweaks to disable some of the unnecessary programs running as part of the default settings inside Win10.

To do this, I use a script in which you can download through the link below and click on once downloaded to start the process. Be sure to watch the video miining as it shows you step by step on how to optimize windows settings best cbeap for mining rig stability.

Window Setting for Mining Script

Step 9: Install GPU and PCIe Risers

Now that we have windows set up its time to power down the rig and plug in our first GPU but first we need Bitcoin mining rig cheap car attach the PCIe Risers to them.

For this build, I used the generic red and blue PCIe Risers however I’ve been slowly switching all of my rigs builds over to LEEBO Risers as I find them to be of Bitcoin mining rig cheap car better quality.

After you’ve attached all the risers to your GPUs, you can start plugging your Bitcoin mining rig cheap car card in and mount it to the mining rig frame.

Before you turn the mining rig on it best to make sure everything is seated correctly rg check all your connections one last time.

Let the computer startup for a few minutes and let the GPU drivers have a few minutes to install before attempting to start the miner. During this time you may see the screen begin to flash which is perfectly normal especially when windows are installing the GPU drivers for the first time. However, windows may not update to the latest drivers, so its best to reinstall the latest drivers from the NVIDIA DRIVERS website.

Remember to start with only plugging in one GPU at a time during this process and allow it to fully install the drivers before install another one.

Step 10: Install Mining Software and Wallet

Ok here’s where the real work begins. You need to download a wallet, and so for this guide, I recommend a Ravencoin mobile wallet, but you can use a desktop wallet as well.

While setting the wallet up, please do yourself a huge favor and write down any seed or passphrases to ensure your wallet is appropriately backed up.

Once installed obtain a copy of your wallet address so its ready for when you Bitcoin mining rig cheap car your miner.

Downloadable Ravencoin Wallets:

Raven Coin Desktop Wallet

You need to download this miner and create a folder called Ravencoin Miner on your desktop and stick the files inside the folder for now.

Downloadable Ravencoin Miner:

Raven Coin Miner Trex

This additional software is need so that we can unzip the miner files and overclock the GPUs for better performance. Go ahead xar download and install these two files before you proceed.

Additional Mining Software:

MSI

7 ZIP

Step 11: Configure Miner

Now that we have everything we need installed on the mining rig we can begin setting up our first miner which is simple.

Go back Bitcoin mining rig cheap car the Ravencoin miner folder you created on your desktop and right-click on the miner file you downloaded. If you have 7 zip appropriately installed, you should see an option called 7 Zip. Once you click on it be sure to select extract here to unzip the miner files inside of the Ravencoin Miner desktop folder.

You should now have several files unzip inside if the folder however if your antivirus was set off you may need to go back and disable it or rerun the windows tweaks biycoin to ensure the antivirus software doesn’t interfere.

Inside the folder, you’ll notice there are files extensions called BAT files in which you’ll need to select one to right-click on then select the Edit option.

From here you need to delete all the text inside the BAT file and replace it with the following commands.

@echo off

:start

t-rex - a x16r Bitcoin mining rig cheap car stratum+tcp://x16r. pickaxe. pro:3636 - u YOURRAVENCOINWALLETADDRESS. YOURRIGNAME - p c=RVN - i 21

goto start

Be sure to take notice that you’ll need to edit the wallet address with your Ravencoin wallet address and make up a mining rig name like rig1 for example.

Once you have finished bitcoi the BAT file go ahead and click save and then proceed to left double click the same BAT gitcoin inside the folder. Bitciin everything is correct, you should see your miner startup and begin mining Ravencoin.

Step 12: Ravencoin Overclock Settings

Now that you have the miner running we can proceed to begin Bitcoin mining rig cheap car your graphics cards, but first, you need to plug the rest of the graphics cards. Go ahead and repeat step 8 but instead of plugging one card at a time do two at a time instead.

Remember let the Mining rig run for a few minutes to allow time for the drivers to install fully. I’ve seen this process take up to 30 minutes so please be patient. Once you have all the cards and drivers installed go ahead and restart the machine before starting the Ravencoin miner.

Once you restart the rig and miner be sure to check that all 8 GPUs are running in the miner software window. If not check the device manager csr Bitcoin mining rig cheap car windows to ensure all GPUs are registering.

If everything is running fine go ahead and close the miner to turn it off and open MSI Afterburner. This software allows you to control your GPU’s clock speeds which improves miner performance however pushing your cards to hard can Bitcoin mining rig cheap car you mining rig to crash, freeze, and overheat.

I have personally field-tested these settings quite extensively, and I feel as though they are very stable for my 1050ti rigs.

Ravencoin 1050ti Overclock Settings:

Power Limit -- 74%Core Clock -- +75Mem Clock -- 0

Make sure while you’re adjusting the core and mem clock speeds also to bump up your fan’s speed as well. You want your GPUs to run no hotter than 65-70 degrees Celsius, so don’t be afraid to set an aggressive fan curve.

Step 13: Ethereum Mining and Overclock Settings

As a bonus tip, I wanted to follow up on my earlier mention about mining Eth on these cards, and so I wanted to show you how to set up Eth mining as well.

Ethereum Wallet:

BRD Wallet: https://brd. com/

Claymore Nvidia ETH Miner:

Https://mega. nz/#F! O4YA2JgD! n2b4iSHQDruEsYUvTQP5_w?2sBXjCTY

For the BRD wallet, Rgi wanted to disclose for first-time wallet users the importance of learning how to back up your wallet always. Another thing you tig note is this wallet can hold several different tokens, but for this guide, you’ll want to obtain an Ethereum or Eth address.

For the Ethereum miner file go ahead and repeat Bitcoin mining rig cheap car same steps as you did with the Ravencoin miner. However, the chwap that you copy into the BAT file is Bitcoin mining rig cheap car follows.

EthDcrMiner64.exe - epool us1.ethermine. org:4444 - ewal YOURETHWALLETADDRESS. YOURRIGWORKERNAME - ttli 63 - tstop 66 - tstart 60

Remember to replace the text with your ETH wallet address and chep name before you hit save.

Now you need to mibing up MSI Afterburner to begin overclocking the cards, but first, you need to create a profile to save your Ravencoin overclock settings in of afterburner.

Once you save the settings, start creating a separate profile for the Ethereum overclock settings.

Ethereum 1050ti OC Settings:

Power Limit -- 72%Core Clock -- +125Mem Clock -- +825

Make sure to Bitcoin mining rig cheap car apply before closing MSI Afterburner and then proceed to start the Ethereum miner by double left clicking on the start BAT file.

Give the miner a few minutes to connect to the pool and you hashrate should look something like this.

You can also track your mining rig stats directly from the pool or through a phone app called ether mon.

As I stated before these are just a few of the cryptocurrencies you can mine with the 1050ti 4GB series cards. The best part I like about them is their cost per hash tends to be lower than most cards which Bitcoin mining rig cheap car your mining rig ROI faster.

I hope this guide has helped you cueap your journey into crypto mining, but I wanted to leave some additional resources that I use daily to get insights Bitcoin mining rig cheap car other coins to mine. If you have any further questions or feel as though I left something important undisclosed, then drop a comment below, and I’ll do my best to respond promptly.

Additional Mining Resources

Cointomine

Whattomine

Coinwarz

Join Our Exclusive Crypto Miner Tips Facebook Group

Cloud Mining Today

четверг, 30 апреля 2020 г.