London Daily

Focus on the big picture.
Saturday, May 31, 2025

Daymak Reveals Electric Vehicle Prototype That Can Mine Crypto

Daymak Reveals Electric Vehicle Prototype That Can Mine Crypto

Toronto-based electric vehicle manufacturer, Daymak Inc, recently announced details of a prototype electric car called Spiritus. The car uses a “patent-pending Nebula platform,” which is said to be the world’s first comprehensive crypto suite for electric vehicles.

“Nebula is the world’s first comprehensive cryptocurrency suite for electric vehicles, and will allow every Spiritus car to mine and manage crypto anywhere on the planet.”

Daymak is a not a widely-known electric vehicle brand. The company’s product range seem to focus on personal light electric vehicles, such as mobility scooters.

Daymak recently hit the headlines with the announcement of by being the first to offer a car that generates income (mines crypto).

Fully Integrated with Crypto

The Spiritus is a fully electric three-wheel, two-seat vehicle that comes with a go-kart-like driving experience.

According to the manufacturer, the Spiritus will launch in 2023, but their website is taking pre-orders now at “early adopter” prices. And the checkout page indicates that buyers can also pay in crypto.

The company lists two models, the Deluxe model costing US$19,995 and the Ultimate model costing US$149,000. The Ultimate model features a 300-mile range and a 1.8 second 0-60 time, which is enough to leave behind a Lamborghini Aventador SVJ.

The range of the Spiritus falls short of Tesla’s Model S Long Range, which is said to be capable of 400 miles of range.

“The Spiritus is sleek, quiet, highly efficient, and comes in both standard and fully-loaded luxury models, that includes optional auto-pilot, solar-trickle charging, and wifi connectivity, along with much more.”

Both models will incorporate cryptocurrency mining via the proprietary Nebula technology. Owners can mine proof-of-work crypto tokens and generate income from proof-of-stake networks. A built-in wallet will store the coins.

The Daymak President, Aldo Baiocchi, imagines a scenario where the Spiritus talks to its owner, saying, “I’ve just deposited cash and Dogecoin in your wallet.”

“Through what we are building, imagine Spiritus owners greeted by their cars telling them ‘I have just deposited $10 cash and 20 doge coins in your Nebula wallet – have a nice day!

Baiocchi also points out that while cars cost money to run and typically lose money through depreciation, the Spiritus can potentially pay for itself.

While every other car sits depreciating in the garage, Spiritus owners will have a vehicle that has the potential to pay for itself while it’s parked.”

How Much Can The Owners Earn?

Earning money from mining proof-of-work cryptocurrencies depends on the mining rig’s hashing efficiency and the cost of electricity used.

It is a very competitive industry where turning a profit can be challenging, especially in the case of ASIC networks such as Bitcoin. So, how much money can a Spiritus car generate?

Daymak has set up a live 24-hour feed of the prototype’s crypto mining results to answer the question.

At the time of writing, the live running total was cut, but at last view, it was showing an amount of around $30 generated since going live on June 29.

Source: Daymak Reveals Electric Vehicle Prototype That Can Mine Crypto – Fintechs.fi

Newsletter

Related Articles

0:00
0:00
Close
Satirical Sketch Sparks Political Spouse Feud in South Korea
Indonesia Quarry Collapse Leaves Multiple Dead and Missing
South Korean Election Video Pulled Amid Misogyny Outcry
Asian Economies Shift Away from US Dollar Amid Trade Tensions
Netflix Investigates Allegations of On-Set Mistreatment in K-Drama Production
US Defence Chief Reaffirms Strong Ties with Singapore Amid Regional Tensions
Vietnam Faces Strategic Dilemma Over China's Mekong River Projects
Malaysia's First AI Preacher Sparks Debate on Islamic Principles
White House Press Secretary Criticizes Harvard Funding, Advocates for Vocational Training
France to Implement Nationwide Smoking Ban in Outdoor Spaces Frequented by Children
Meta and Anduril Collaborate on AI-Driven Military Augmented Reality Systems
Russia's Fossil Fuel Revenues Approach €900 Billion Since Ukraine Invasion
U.S. Justice Department Reduces American Bar Association's Role in Judicial Nominations
U.S. Department of Energy Unveils 'Doudna' Supercomputer to Advance AI Research
U.S. SEC Dismisses Lawsuit Against Binance Amid Regulatory Shift
Alcohol Industry Faces Increased Scrutiny Amid Health Concerns
Italy Faces Population Decline Amid Youth Emigration
U.S. Goods Imports Plunge Nearly 20% Amid Tariff Disruptions
OpenAI Faces Competition from Cheaper AI Rivals
Foreign Tax Provision in U.S. Budget Bill Alarms Investors
Trump Accuses China of Violating Trade Agreement
Gerry Adams Wins Libel Case Against BBC
Russia Accuses Serbia of Supplying Arms to Ukraine
EU Central Bank Pushes to Replace US Dollar with Euro as World’s Main Currency
Chinese Woman Dies After Being Forced to Visit Bank Despite Critical Illness
President Trump Grants Full Pardons to Reality TV Stars Todd and Julie Chrisley
Texas Enacts App Store Accountability Act Mandating Age Verification
U.S. Health Secretary Ends Select COVID-19 Vaccine Recommendations
Vatican Calls for Sustainable Tourism in 2025 Message
Trump Warns Putin Is 'Playing with Fire' Amid Escalating Ukraine Conflict
India and Pakistan Engage Trump-Linked Lobbyists to Influence U.S. Policy
U.S. Halts New Student Visa Interviews Amid Enhanced Security Measures
Trump Administration Cancels $100 Million in Federal Contracts with Harvard
SpaceX Starship Test Flight Ends in Failure, Mars Mission Timeline Uncertain
King Charles Affirms Canadian Sovereignty Amid U.S. Statehood Pressure
Trump Threatens 25% Tariff on iPhones Amid Dispute with Apple CEO
Putin's Helicopter Reportedly Targeted by Ukrainian Drones
Liverpool Car Ramming Incident Leaves Multiple Injured
Australia Faces Immigration Debate Following Labor Party Victory
Iranian Revolutionary Guard Founder Warns Against Trusting Regime in Nuclear Talks
Macron Dismisses Viral Video of Wife's Gesture as Playful Banter
Cleveland Clinic Study Questions Effectiveness of Recent Flu Vaccine
Netanyahu Accuses Starmer of Siding with Hamas
Junior Doctors Threaten Strike Over 4% Pay Offer
Labour MPs Urge Chancellor to Tax Wealthy Over Cutting Welfare
Publication of UK Child Poverty Strategy Delayed Until Autumn
France Detains UK Fishing Vessel Amid Post-Brexit Tensions
Calls Grow to Resume Syrian Asylum Claims in UK
Nigel Farage Pledges to Reinstate Winter Fuel Payments
Boris and Carrie Johnson Welcome Daughter Poppy
×