Daymak is Making Electric Cars That Can Mine Cryptocurrency With Green Energy

June 02, 2021, 4:00 PM AEST - 1 month ago

Canadian personal Light Electric Vehicles (LEVs) manufacturer Daymak is building a unique series of electric cars dubbed “Spiritus” that can reportedly mine Bitcoin and other cryptocurrencies, according to a June 1 announcement.  

Daymak Spiritus is more than a car.

Aldo Baiocchi, President of Daymak

Even Parked Cars Will Be Able to Mine Bitcoin

As Daymak explained, Spiritus will be the first-ever electric car to incorporate a cryptocurrency wallet and mining hardware. Each electric car will function as a node on a blockchain, equipped with the company’s proprietary digital wallet and GPU miner. Spiritus will be able to mine cryptocurrencies with eco-friendly energy even when parked or plugged in. 

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.

Spiritus electric cars will be launched in the next two years and can be pre-ordered with popular digital currencies including Bitcoin, Dogecoin, Ethereum and Cardano. 

Auto Industry Slowly Warming to Crypto and Blockchain

The automobile industry has been advancing towards cryptocurrency recently, as seen with many dealerships and Tesla, which has previously supported Bitcoin payments for electric cars. However, Daymak’s announcement of Spiritus is probably the farthest an automaker has gone towards embracing the future of crypto technology.

Blockchain, the technology behind cryptocurrencies, is also being used by automakers like Volvo to trace cobalt used in car batteries.

In February this year, the founder and CEO of Elrond, Beniamin Mincu, pitched to Elon Musk how Elrond blockchain networks could improve transactions involving self-driving Tesla vehicles.

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