Daymak to launch crypto mining vehicle by 2023 – bitcoin news

Daymak, a Canadian electric vehicle company, announced the Daymak Spiritus, an electric car capable of mining cryptocurrencies. According to specs, it will also feature solar charging to reduce battery charge while driving. The company, which only offered the car for 60 days, says it managed to get more than $ 350 million 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 parked”. The Spiritus will include an integrated GPU that will allow its users to direct their mining power to harvest any cryptocurrency. Although it says it will feature bitcoin mining, there is no mention of the ASIC hardware in the statement.

Daymak to launch first crypto mining vehicle by 2023

Besides its cryptocurrency mining features, the Daymak Spiritus has other rare quirks: the car has an odd look, being a three-wheeled two-seater, but it’s no slouch, dropping from 0 to 60 MPH. in 6.9 seconds. While far removed from recent offerings from electric companies like Tesla, Daymak has chosen to stay on the more value-oriented side of the price spectrum, with an estimated price tag of $ 19,995 for its entry model, with this trim marketed under the name “Deluxe. “

The Spiritus also has a solar panel that will power all non-mechanical systems, meaning that, if Daymak delivers, it could be the first car to enable solar-powered cryptocurrency mining. However, Daymak’s proposal goes further than that. Aldo Baiocchi, president of the company, said:

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

It’s still early days to see if all of these ideas will be implemented, but the company’s vision is truly ambitious and could help set the trend for other manufacturers. Daymak estimates that the Spiritus will be ready to ship in 2023.

The campaign for green continues

Daymak jumped at the narrative of green mining which is now being promoted by known Tesla CEO Elon Musk and which has set the tone for new companies to enter the mining industry. Musk criticized the energy consumption of bitcoin mining, while Tesla also announced that it would stop accepting bitcoin as payment for its vehicles last month. Coincidentally, prices collapsed around the same time, with many blaming it as one of the factors behind it.

The Spiritus will be powered by electric and solar energy, allowing cryptocurrency gains to be collected while the car is parked, and using only renewable energy, which the brand says will appeal to environmentalists. The company also accepts payments in cryptocurrency, being the second electric car maker in the world to do so after Tesla.

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

Image credits: Shutterstock, Pixabay, Wiki Commons

Warning: This article is for informational purposes only. This is not a direct offer or the solicitation of an offer to buy or sell, nor a recommendation or endorsement of any product, service or business. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or allegedly caused by or in connection with the use of or reliance on any content, good or service mentioned in this article.


Source link

About Catherine Wilson

Check Also

Goobit and Xpecunia sign collaboration agreement on Green

STOCKHOLM, Sweden, June 17, 2021 (GLOBE NEWSWIRE) – Goobit Group has signed a collaboration agreement …

Leave a Reply

Your email address will not be published. Required fields are marked *