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Tesla’s Competition Daymak To Make The First Crypto Mining Car

Tesla's Competition Daymak To Make The First Crypto Mining Car
The Daymak Spiritus

Yerevan (CoinChapter.com) – World-famed Canadian light electric vehicle manufacturer Daymak announced that it plans to launch a vehicle that will mine cryptocurrency when parked. Named Spiritus, the futuristic car is set to be the latest addition to the company’s coveted portfolio. 

Spiritus will also include Daymak Nebula, Daymak’s patent-pending, comprehensive cryptocurrency infrastructure. 

While the company is poised to launch Spiritus in 2023, pre-orders are already accepted. The company is also accepting payments in several cryptocurrencies including Dogecoin, Ethereum, Cardano, and Bitcoin. This makes Daymak one of the first LEV manufacturers to accept payments in cryptocurrencies.

Daymak is a Toronto-based company founded in 2002. It is considered to be one of the leading developers and distributors of personal light electric vehicles. Daymak is specifically famous for being Tesla’s biggest competitor. Tesla’s founder CEO Elon Musk was central to market price fluctuations of many altcoins, including Dogecoin. 

 Daymak Spiritus also aspires to become the fastest three-wheeler vehicle in the world. Earlier this year it had outperformed Tesla Roadster’s acceleration by 0.01 seconds. 

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,” Daymak founder Aldo Baiocchi said

Eco-Friendly Crypto Mining by Daymak

Mining Cryptocurrencies come with natural hazards. Last month Tesla CEO Elon Musk made headlines again when he announced his plans to dump Bitcoin. He cited environmental concerns related to bitcoin mining.

In contrast, Daymark’s Spiritus will be environmentally friendly and mining cryptocurrency through its infrastructure will not be hazardous to the environment.

Meanwhile, the Tesla CEO isn’t losing out. Musk has picked up an idea from Twitter to create a hot tub that will get hot through heat generated while mining Bitcoin.

Unlike the ridiculous idea which Musk has agreed to promote, Daymak has a big selling point. “Whereas most vehicles are depreciating while they sit in your garage, the Nebula Miner will make you money while your Spiritus is parked.” boasted Aldo Baiocchi, President of Daymak.

While sceptics chose to keep away, the future is being built around cryptocurrencies.

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Karen Mkrtchyan

Yerevan-based Editor and writer focusing on topics about politics and international relations. Having completed his Bachelors and Masters degrees from Delhi's Jawaharlal Nehru University, he currently works as a Projects Coordinator at Indo-Armenian Friendship NGO and the Indian Cultural Centre, Armenia. He regularly writes articles for Armenian media platforms and is the English language Editor of Keghart, a reputed Armenian Diaspora news platform based in Canada. As a young activist, he was awarded "The Best Active Youth International Award" by the Afghanistan Youth Parliament. He is also the Media in charge of the Youth Wing of Bright Armenia Party, the third-largest political party in the Armenian Parliament.

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