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Daymak, a Canadian electric vehicle manufacturer, has unveiled the production and distribution strategies for an upcoming electric vehicle that can mine Bitcoin, Ethereum, and Doge while charging or parked.

The “Spiritus” electric car, according to the company’s statement yesterday, will be available in 2023 and will include “an industry-leading GPU in mining price-to-profit.” However, no information about the mining hardware’s exact capabilities was provided. “Daymak Spiritus is the first car in history with mining hardware and bitcoin technology programmed into the user interface,” according to the statement.

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The Spiritus has been commended by Daymak, who claims that it will not depreciate. “While most automobiles depreciate while sitting in your garage, the Nebula Miner will make you money while your Spiritus is parked,” they explained.

Every Spiritus is supposed to be a “environmentally friendly crypto miner node,” with Daymak Nebular mining gear, a Nebular crypto wallet, and solar charging capabilities.

Despite the technological achievement, mining several cryptocurrencies in a mining rig designed to be installed in a car may out to be uneconomical and unprofitable.

Pre-orders for the automobile are now being taken, and the company supports crypto payments in Doge, Ethereum, Cardano, and Bitcoin, as well as cooperating with a number of exchanges to offer leasing payments via cryptocurrency.

The Spiritus is available in two models: a “deluxe” model for $19,995 and an “ultimate” model for $149,000. The versions appear to differ solely in terms of driving performance, such as max speed and battery life, as well as optional amenities such as wireless charging and bespoke paint, but not in terms of mining hardware capabilities.

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“We imagine a future where your highway tolls, parking, and drive-thru order will all be paid immediately on the fly using crypto,” Daymak President Aldo Baiocchi said. Your internet bills and banking may all be paid in crypto using the same software platform.

Things you should know

Institutions and organizations are already experimenting with new methods to employ Bitcoin in real-life situations. On social media, some people have labeled this invention as unneeded, while others see it as a step forward. What is certain is that it aids in the widespread adoption of cryptocurrencies and is an excellent method to have a mobile asset that generates passive income when it is parked or charged.

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