World’s first Electric Vehicle That Can Mine Bitcoin Announced

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A news release by automaker Daymak has announced the Daymak Spiritus as the first automobile in the world that is capable of mining bitcoin. The company, a pioneer in the personal Light Electric Vehicle sector, is already accepting pre-orders for the car, which will be capable of mining bitcoin by utilizing solar technology.

The Daymak Spiritus will incorporate Daymak Nebula, Daymak’s patent-pending, cryptocurrency infrastructure. The patent pending technology is the first of its kind, and marks a tectonic shift in the innovation surrounding the bitcoin mining industry which has come a long way since its inception and also faced recent criticism.

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The press release states that “Every Spiritus vehicle will be a node on the Blockchain, and will include Daymak Nebula Miner and Nebula Wallet”. The release further adds “We envision a future where your highway tolls, your parking, and your drive-thru order will be paid directly on the fly with crypto.”

The tripartite combination of Bitcoin, technological advancement in the automobile, and renewable energy, bodes well for all the three sectors. While the Daymak Spiritus is scheduled to be released in 2023, these are interesting times for cryptocurrencies and Bitcoin in general.

The announcement does harken us back to this post on the Bitcoin Magazine, “What Does The Future Of Energy HODL,” where it envisions the prospect of Tesla to utilize its own renewable energy to mine bitcoin.

However, it remains to be seen whether other automakers will also begin to implement this new electric vehicle technology themselves, as the customers who purchase bitcoin-mining capable vehicles will inevitably profit from the ownership.

This new announcement is testament to the incentive structures bitcoin presents, as well as a response to energy fears, uncertainty and doubt over its mining credentials.

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