Quite a nifty way of doing it. Honestly, despite the ongoing conflict between Bitcoin users, and Elon. If he makes some awesome batteries in the future, and his initiative to offer free energy to his customers actually takes off, and becomes the way of doing things, I can see his technology actually benefiting Bitcoin, rather than hindering it. At least in the long term.

I think this is a bit unfair. I know the general consensus is that we should all hate Elon, for the effect he has had on Bitcoin, and its adoption. However, Tesla owners are doing this merely to profit for themselves, they don't have shareholders or anyone else to convince. Tesla on the other hand has to maintain its green energy reputation, since they're trying to convince people that their cars are clean, and the future. That's not easily done when they're publicly supporting Bitcoin, that has been dragged through the mud about its energy usage, even if it's not entirely accurate reports, its public perception that matters to him, not the truth.

Plus, he's much more than an influencer.

IMO, I think that was a good idea if that power source was coming from the green energy sources, like solar, wind, hydro, etc. If Im not mistaken Tesla has used a large-scale battery storage facility to power their network of battery charging stations, correct me if im wrong because im not sure about it.

But the important question is where that power generation comes from? If it was sourced from the GRID? is it from renewable energy sources or from the fossil fuels power generation facilities. it is not certain that's why it is not totally a green mining process.

That's true at the moment, although that's why I said that in the future we might actually benefit from this sort of technology. Electricity can be generated via green energy, mining resources can't. Obviously, to be able to do it we'll need to use our existing resources. However, utilizing things like solar, and hydro plants could potentially increase the amount of green energy being used. The way the world is going, there's enough funding for this to become a reality.

Again, we aren't any where near it, and I do think the closer we get to it, the quicker this green energy buzz word will sort of die down. However, I do expect massive amounts of progress in terms of converting a lot of places to green energy.

Bitcoin, and other industries will benefit from that, and we shouldn't really be hostile to the idea. It's the best approach, it's just everything has been blown out of proportion, especially when it comes to the amount of energy Bitcoin uses in comparison to other industries.

I think this was an old news.

AFAIK, there is a bad result for these batteries of their Tesla if they will allow it to be that much of use in mining and it is overused.

The impact on it on the battery itself for being overused is going to cost them more than the price that they're earning.

As they say, it is not for the purpose of it and its life is easier.

In fact, I stop reading any news if it is related to Tesla and Bitcoin, the stocks are now going through a bad period, so I do not think that Tesla will give competitors the opportunity to free attack by mentioning Bitcoin or mining, so such news is aimed at getting free quick views.
Also, the word mining, green energy and its connection with Tesla is incorrect as some of the responses indicated above

I agree on what you say but I was just focusing on this exact case, in which we have no clue of the source and even if it were green and all the energy would be green, the way he does it by driving and then using batteries simply wasteful, probably close to 20% waste of electricity compared to a traditional home-based setup.


It's just for some tesla models, and yes it will last quite a while for the ones who've got it, it will end only if you sell it or you destroy the car
https://www.findmyelectric.com/blog/tesla-free-unlimited-supercharging-how-to-check-if-you-have-it/


Not fake, it started as one guy doing something unheard of and then some taking advantage of cheap energy, although for an ASIC mining is really not such a breakthrough because of the overall huge consumption it would make you travel to the station every 4 hours.

Anyhow, this was debated a few times, including in another topic, and the first event is from 2017
https://electrek.co/2017/11/29/tesla-mining-bitcoin-model-s-supercharger-power/

And for everyone thinking of doing so, let me quote myself again:

I remember that I saw another article about another company other than Tesla where they wanted to start mining bitcoins by using the renewable energies for the users of this company, so the same is not new but for Tesla maybe it is, however, regarding the 'green mining' it's very good when you hear about it and you need to actually consume the fossil energy resources for mining but the thing is we should consider the maintenance and the costs of the device required for it because most of the times you will need to pay too much for it.

This is not eco-friendly at all, quite the contrary actually. You have tons of inefficiencies arising between the supercharger to your Tesla and from the Tesla to your rig. It only makes sense if the electricity is free and again, that is not an ethical way of doing things. They are meant to charge your Teslas to drive and not to mine and I wouldn't be surprised if there is a clause in their agreement that prohibits this.

It has been something that people talked for many years right now. There could be a more efficient way, but there is currently no cleaner way of doing it. For example, if you do solar and wind, that could be causing a bit of a drop in efficiency, and it could cost more than oil or gas for example right now, but it is unlimited. Sun is not something we are going to run out of, and if we ever do then energy is the least of our worries.

Instead, we still use oil because it's cheaper and more efficient, which we will run out of eventually anyway. Hence, even if it's inefficient, renewable energy is the way to go for every single thing.