Bitcoin News and Finance
Daymak to Launch Crypto Mining Vehicle by 2023 Skip to main content

Daymak to Launch Crypto Mining Vehicle by 2023

Daymak to Launch the First Crypto Mining Vehicle by 2023

Daymak, a Canada-based electric vehicle company, has announced the Daymak Spiritus, an electric car that will be able to mine cryptocurrencies. According to the specs, it will also feature solar charging to lessen the load on the battery while driving. The company, which has only offered the car for 60 days, claims to have managed to get more than 350 million dollars in pre-orders.

Daymak to Launch Crypto Mining Electric Car

Daymak, a Toronto-based electric car company, has announced the launch of its new product, the Daymak Spiritus, a car that will feature cryptocurrency mining. According to its press release, the Daymak Spiritus will be able to mine “from Dogecoin to Bitcoin while it’s parked.” The Spiritus will include a GPU onboard that will let its users direct their mining power to harvest any cryptocurrency. While it states it will feature bitcoin mining, there is no mention of ASIC hardware anywhere in the statement.

Daymak to Launch the First Crypto Mining Vehicle by 2023

Apart from its cryptocurrency mining features, the Daymak Spiritus has other rare quirks: the car has a strange look, being a two-seater with three wheels, but it is no slouch, going from 0 to 60 MPH in 6.9 seconds. While it comes very far from the recent offers from electric companies like Tesla, Daymak has chosen to remain on the more value-oriented side of the price spectrum, with an estimated price of $19,995 for its entry model, with this trim marketed as “Deluxe.”

The Spiritus also features a solar panel that will power all non-mechanical systems, meaning that, if Daymak does deliver, this might be the first car to allow solar-powered cryptocurrency mining. However, Daymak’s proposal goes further than that. Aldo Baiocchi, president of the company, declared:

We envision a future where your highway tolls, your parking, and your drive thru order will be paid directly on the fly with crypto. Your online bills and your banking can be handled through the same software platform paid in crypto.

It is still early to see if all these ideas will be applied, but the vision the company has is really ambitious and could help set the trend for other manufacturers to follow. Daymak estimates the Spiritus will be ready for shipping in 2023.

The Push for Green Continues

Daymak has jumped on the green mining narrative that is now being promoted by known Tesla’s CEO Elon Musk, and that has set the tone for new companies to enter the mining business. Musk criticized the energy consumption of bitcoin mining, while Tesla also announced they would stop accepting bitcoin as payment for its vehicles last month. Coincidentally, prices experienced a crash around the same time, with many blaming this fact as one of the factors causing it.

The Spiritus will be powered by electric and solar energy, making it possible to perceive cryptocurrency gains while the car is parked, and using just renewable energy, something the brand believes will appeal to the ecologist crowd. The company is also accepting payment in cryptocurrencies, being the second electric car manufacturer in the world to do so after Tesla.

What do you think about the Daymak Spiritus? Tell us in the comments section below.

Labels:

Comments

Post a Comment

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl
Post a Comment
Read more

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju
Post a Comment
Read more

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and
Post a Comment
Read more

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r
Post a Comment
Read more
Blogarama - Blog Directory