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

[Charles-Tim]

It is surprising to hear a miner, Simon Byrne equipped his BWM i8 hybrid vehicle retailed for roughly $150,000 to be able mine bitcoin, it is also reported to be able to mine ethereum.

According to a report from Hardware Times, Byrne purchased a BMV i8 hybrid vehicle retailing for roughly $150,000 and equipped it with a small crypto mining rig consisting of six GeForce RTX 3080 graphics cards. The rig is powered by an ASUS B250 Mining Expert board and an EVGA SuperNOVA 1600 T2 power supply. It is reportedly capable of mining both Bitcoin (BTC) and Ether (ETH).

Although, it is said the battery capacity of the mining rig will be able to handle the mining, but what about the heat that will be generated from the mining rig and also the lifespan of the car battery. This is surprising and the first of its kind that I heard, but won't this be injurious to the car?

While this mining rig can be powered by the hybrid car's battery, the trunk needs to stay open to avoid overheating.



https://www.coindesk.com/us-man-installs-crypto-mining-rig-in-hybrid-bmw-sportscar
https://cointelegraph.com/news/driving-to-the-moon-hodler-installs-portable-mining-rig-in-bmw

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[tinopener]

This is surprising and the first of its kind that I heard, but won't this be injurious to the car?

The extra weight from the graphics cards alone will probably negate the profit...

... unless he can charge his car for free.

[Darker45]

This is more of a fun experiment than a serious venture into crypto mining. Well, at least he's clear about setting it up "to annoy gamers."

As regards cost-benefit, I'm not sure if it's practical for anybody to do this. The car has a battery which could support the mining, of course, but then for the battery to charge, the alternator has to be working. Otherwise, the car's battery could easily be drained. For the alternator to work, the car's engine has to be turned on, thereby consuming fuel.

This is, therefore, practical only when Simon's on the move.

[CarnagexD]

I don't think alone by itself the car's technology would be able to handle the heat that will be generated from mining bitcoin and as you mentioned ethereum as well. Not to mention the weights of the graphic cards he will have to use in order to effectively mine bitcoin. I think this project he's doing is showing us how he think mining of the future will be.

This is more of a fun experiment than a serious venture into crypto mining. Well, at least he's clear about setting it up "to annoy gamers."

As regards cost-benefit, I'm not sure if it's practical for anybody to do this. The car has a battery which could support the mining, of course, but then for the battery to charge, the alternator has to be working. Otherwise, the car's battery could easily be drained. For the alternator to work, the car's engine has to be turned on, thereby consuming fuel.

This is, therefore, practical only when Simon's on the move.

exactly, it doesn't have that much practical use today and he's risking his luxury car's integrity in order to get a few bitcoins here and there. But I guess if you could own a, luxury car like that you wouldn't really mind the coats of repair and all

[maculeth]

surely everything has been set in such a way by the car manufacturer so that it will not produce a bad impact on the car and the user. but what makes me curious is, how many bitcoins or etherum are mined? and will it continue to work when the car engine is off? or continues to work even when the engine is turned off? if so, then it needs a lot of power.

[Obito]

This is more of a fun experiment than a serious venture into crypto mining. Well, at least he's clear about setting it up "to annoy gamers."

You have to consider that this could be another door of opportunity to upgrade the way we mine bitcoin, I am not interested in the part about annoying gamers. This could be a possible start up for aesthetically pleasing mining rigs.

As regards cost-benefit, I'm not sure if it's practical for anybody to do this. The car has a battery which could support the mining, of course, but then for the battery to charge, the alternator has to be working. Otherwise, the car's battery could easily be drained. For the alternator to work, the car's engine has to be turned on, thereby consuming fuel.

We need to run the numbers on this one to see whether the cost in fuel is better than having the rig stationary at home. I don't think that it is a practical especially the car is priced at around 150k USD, but if we were to see past that, and try it on a cheaper economy cars, I think that it has some potential although the cooling will be the big problem and protection from the elements.

This is, therefore, practical only when Simon's on the move.

If the rig could be reduced to a smaller scale and the issue of heat and cooling is resolved, I think it will be more practical although the mining output will be much lower.

[kolesozw]

This is a useless extravaganza to get free media exposure. I don't like this type of stunt because they make miners look like s spoiler brats. This is serious business and should be taken seriously.

[pooya87]

~a small crypto mining rig consisting of six GeForce RTX 3080 graphics cards.~It is reportedly capable of mining both Bitcoin (BTC)~

I'm not going to click on the link to the cancer site known as cointelegraph but according to your quote it seems like another one of their brainless articles. You can't mine bitcoin with graphic cards anymore. The only way to mine bitcoin is to use SHA256 ASICs specialized to mine bitcoin. Anything else is only good for weak altcoin mining.

[0t3p0t]

It is surprising to hear a miner, Simon Byrne equipped his BWM i8 hybrid vehicle retailed for roughly $150,000 to be able mine bitcoin, it is also reported to be able to mine ethereum.

According to a report from Hardware Times, Byrne purchased a BMV i8 hybrid vehicle retailing for roughly $150,000 and equipped it with a small crypto mining rig consisting of six GeForce RTX 3080 graphics cards. The rig is powered by an ASUS B250 Mining Expert board and an EVGA SuperNOVA 1600 T2 power supply. It is reportedly capable of mining both Bitcoin (BTC) and Ether (ETH).

Although, it is said the battery capacity of the mining rig will be able to handle the mining, but what about the heat that will be generated from the mining rig and also the lifespan of the car battery. This is surprising and the first of its kind that I heard, but won't this be injurious to the car?

https://cointelegraph.com/news/driving-to-the-moon-hodler-installs-portable-mining-rig-in-bmw

So I think it was all included and covered by the insurance company? That was a clever idea but the fact that it was in the car the maintainance, accidents and other factors might put the system at risks can be very serious. Or maybe it is just a marketing strategy.

[avikz]

This is more of a fun experiment than a serious venture into crypto mining. Well, at least he's clear about setting it up "to annoy gamers."

As regards cost-benefit, I'm not sure if it's practical for anybody to do this. The car has a battery which could support the mining, of course, but then for the battery to charge, the alternator has to be working. Otherwise, the car's battery could easily be drained. For the alternator to work, the car's engine has to be turned on, thereby consuming fuel.

This is, therefore, practical only when Simon's on the move.

I second the opinion! It looks like a fund experiment to bitcoin mining and probably make more people aware about the bitcoin mining and its capabilities. I don't think he will be able to drive around the town with his car when the mining is on just because of the heat generated from the rigs. But yes, when the car is parked in somewhere safe, he will be able to utilize it for mining make full use of his time even when he is away from the home! But cost efficiencies will not be there unless he has free access to electricity! Fun experiment only but not practical!

[meanwords]

I really doubt that's going to mine any Bitcoin. Ethereum would be viable with that set up. Though nonetheless, just another rich guy enjoying the wealth and flaunting it to us lol.

So I think it was all included and covered by the insurance company? That was a clever idea but the fact that it was in the car the maintainance, accidents and other factors might put the system at risks can be very serious. Or maybe it is just a marketing strategy.

I don't think so. The article said that he built it himself so I think anything that happens to that mining rig won't affect car insurance.

[hatshepsut93]

So, he put a PC inside a car, how is this news-worthy? There's no practical benefits to it, just leave it at home where's there's less risk of getting your rig damaged.

It is surprising to hear a miner, Simon Byrne equipped his BWM i8 hybrid vehicle retailed for roughly $150,000 to be able mine bitcoin, it is also reported to be able to mine ethereum.

If someone says that you can mine Bitcoin with GPUs, this just means that they have no clue about cryptocurrency. Typical crypto journalism.

[lifeforcepools]

What for? I don't quite understand why do this?

[so98nn]

The guy looks pretty spender to me. He bought 78 cards for 93K USD and started mining when the price of ETH was USD 700. Already in profit considering the current price of the ethereum. So it is but obvious he would go crazy spending his money or profit over his interests and dreams.

But, technical guys should shed some light on this technology collaboration. I mean will it be really that much profitable to hime? The heat thing is real. My small mining rig burnt at least 2-3 times even when there is air conditioner in the room and temperature always set to below 18 degree celsius.

With this set up and cars heat plus outside hot air entering the vents, this could be disastrous!! 

[20kevin20]

Project fun aside, why would it be a better idea to do this rather than mining using your home's electricity?

The only thing that could help is that a sudden large increase in your home energy consumption is obvious compared to the consumption of an electric car. But still, I find it just as a potentially fun project... until your car's power is suddenly overpowered and leads to other malfunctions you'd have to spend a lot of money on.

[scottsanderman12]

It useless. If it will profitable E.Musk already set up this into his cars.

[dothebeats]

More of a proof-of-concept IMO. There were a lot of similar ideas in the past that incorporated mining into different means of moving around i.e. walking, driving, etc. Those, perhaps, were viable back in the days that they were introduced (2014 - 2015), and as expected, not all of them continued to bring in profits and were never heard from again. If this mining module can be directed to other coins that utilizes GPU mining pretty well and is in the low hashrate range, perhaps this could work, at the expense of the battery's life expectancy and the car's hardware due to excessive heat.

[ice18]

What for? I don't quite understand why do this?

He wants to mine bitcoin while on the road that simple but its too complex since it needs special cooling system to be able to work his rigs smoothly and needs a lot of power also that battery might not enough to power on his rigs I dont know if he only want for publicity with his experiment.   

[TedMosby]

Nothing is new here, there’s a news in 2017 that a miner used his Tesla Model S to mine Bitcoin.
I mean he used the electricity aspects of his car, not the computation power from that Tesla.
https://interestingengineering.com/this-tesla-owner-built-a-bitcoin-mining-rig-in-model-s-trunk
I am more interested in how green energy policy will affect crypto mining.

[passwordnow]

That's innovative and optimistic. Driving while getting to earn some altcoins that he wants? maybe he's using nicehash if it's a graphics card to mine bitcoin?

What for? I don't quite understand why do this?

Experiment? well. If you've got tons of money and crypto holdings. You can do whatever you want with that money.