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Home Crypto News

Driving to the moon? HODLer installs transportable mining rig in BMW

by admin
January 25, 2021
in Crypto News
Driving to the moon? HODLer installs transportable mining rig in BMW

Crypto fanatic Simon Byrne has taken crypto mining out of the storage and onto the highway after putting in a small farm within the trunk of his automobile.

In line with a report from {Hardware} Instances, Byrne bought a BMV i8 hybrid car retailing for roughly $150,000 and outfitted it with a small crypto mining rig consisting of six GeForce RTX 3080 graphics playing cards. The rig is powered by an ASUS B250 Mining Knowledgeable board and an EVGA SuperNOVA 1600 T2 energy provide. It’s reportedly able to mining each Bitcoin (BTC) and Ether (ETH).

Picture taken by Simon Byrne

The Nevada-based HODLer — as his license plate states — reportedly constructed your entire setup himself “to harass players” and earn cash whereas on the go. Whereas the graphics playing cards Byrne makes use of are marketed towards high-end PC players, some miners are in a position to make use of their enhanced specs for crypto.

“I am not in crypto to make a quick buck, however I am going to take the bonus,” mentioned Byrne.

The automobile’s battery can reportedly deal with powering the farm, however warmth remains to be a priority — possibly Byrne plans on primarily driving and mining within the winter? In any other case, he’ll seemingly have to preserve his BMV’s rear hatch open for air flow.

Cointelegraph reported in December that the identical speedster spent greater than $93,000 to put in 78 graphics playing cards in his house to mine Ether when the value of the token was simply over $700. On the time, estimates put Byrne’s setup as able to producing roughly $122,000 in revenue per yr, regardless of an enormous electrical invoice.

Since that point, the value of Ether has doubled after breaking a two-year excessive earlier immediately. Bitcoin rose 2% within the final 24 hours to achieve $32,639 on the time of publication.

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