Cryptocurrency mining News
Raval has converted his automobile into a mining setup for some of the most prominent cryptocurrencies.
He also used the Tesla Model 3's trunk to tie up some GPUs, which ultimately assisted in the calculations.
Raval claims that while he must pay for the electricity he consumes, recharging his car only costs about $10 (about Rs 750).
However, apps that remotely manage the mining of cryptocurrency are not facing any such restriction on the Play store.
Canaan is expected to present itself to investors not so much as a bitcoin company, but as a chip designer focused on developing other markets in artificial intelligence and blockchain, the electronic ledger that underpins bitcoin.
Until now, Google Chrome`s web policy permitted cryptocurrency mining in extensions as long as it is the extension`s single purpose and the user is adequately informed about the mining behaviour.
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