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US Man Installs Crypto Mining Rig in Hybrid BMW Sportscar
While this mining rig can be powered by the hybrid car's battery, the trunk needs to stay open to avoid overheating.
A U.S.-based cryptocurrency user has installed a mining rig in the trunk of his BMW i8, running the compact setup on the auto's hybrid-electric power system.
STORY CONTINUES BELOW
- Simon Byrne's system comprises six Nvidia RTX 3080s graphics cards, popular for mining Ethereum, which can be in operation whilst driving, according to a PC Gamer report Tuesday.
- While it can be powered by the hybrid car's battery, the trunk needs to stay open to avoid overheating.
- Byrne also operates a more traditional mining rig said to be capable of generating a profit of $128,088 per year. The BMW setup was first reported by HardwareTimes.
- Byrne's near-$150,000 BMW boasts the Nevada license plate “HODLER” (a community term for holders of cryptocurrency). The vehicle is capable of accelerating to 100 km/hr in 4.4 seconds.
- He told PC Gamer he had installed the mining rig in his car "just to annoy gamers."
- Chip-maker giant Nvidia recently said it could potentially restart the production of dedicated graphics processing units for cryptocurrency miners, amid short supplies of the RTX 3080 GPUs.
See also: Crypto Miner Marathon Patent Group Buys $150M in Bitcoin
Tanzeel Akhtar
Tanzeel Akhtar has contributed to The Wall Street Journal, BBC, Bloomberg, CNBC, Forbes Africa, Financial Times, The Street, Citywire, Investing.com, Euromoney, Yahoo! Finance, Benzinga, Kitco News, African Business Magazine, Hedge Week, Campden Family Office, Modern Investor, Spear's Wealth Management Magazine, Global Investor, ETF.com, ETF Stream, CIO UK, Funds Global Asia, Portfolio Institutional, Interactive Investor, Bitcoin Magazine, CryptoNews.com, Bitcoin.com, The Local, The Next Web, Mining Journal, Money Marketing, Marketing Week and more. Tanzeel trained as a foreign correspondent at the University of Helsinki, Finland and newspaper journalist at the University of Central Lancashire, UK. She holds a BA (Honours) in English Literature from the Manchester Metropolitan University, UK and completed a semester abroad as an ERASMUS student at the National and Kapodistrian University of Athens, Greece. She is NCTJ Qualified - Media Law, Public Administration and passed the Shorthand 100WPM with distinction. She does not currently hold value in any digital currencies or projects.
