Saudi Press

Saudi Arabia and the world
Tuesday, Apr 07, 2026

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

Saudi Press
0:00
0:00
Close
Taiwan to Source Oil Shipments from Saudi Arabia’s Red Sea Ports
Saudi Arabia Evacuates Riyadh Financial District as Precaution Amid Regional Tensions
Saudi Arabia Balances Ambitious Economic Vision Amid Regional Tensions and Financial Pressures
Budget Saudi Arabia Reports Strong Full-Year 2025 Financial Performance
Saudi Arabia Expands Investment in Capcom With Stake Reaching Six Percent
Saudi Arabia Assesses Significant Economic Impact From Regional Conflict Involving Iran
US Beef Secures Expanded Market Access in Saudi Arabia
Jordan and Saudi Arabia Declare Absolute Solidarity in Response to Iranian Threats
Saudi Arabia Raises Oil Prices to Record Premium Amid Strong Market Demand
California’s Salton Sea Emerges as Strategic Lithium Hub for Clean Energy Future
Iranian Drone Strike on US Embassy in Saudi Arabia Reportedly Targeted Intelligence Facility
Saudi Deputy Foreign Minister Meets French Embassy Official to Strengthen Bilateral Engagement
Saudi Arabia Calls on United States to Seize Strategic Opportunity to Reshape Middle East
Dating Apps Surge in Saudi Arabia as Social Norms Rapidly Evolve Among Youth
Saudi Arabia Detains Over Fourteen Thousand Illegal Residents in Week-Long Enforcement Drive
Saudi Foreign Minister Engages in Diplomatic Talks with Pakistan, Kuwait and Latvia on Regional Developments
Saudi Arabia Intercepts Cruise Missile as Regional Tensions Intensify
Saudi Stock Market Edges Higher as Tadawul Index Records Modest Gain
Underlying Rivalry Between Saudi Arabia and UAE Persists Despite Temporary Calm
Saudi Arabia’s Non-Oil Sector Contracts in March as Regional Tensions Weigh on Business Activity
Saudi Arabia Unveils Ambition to Establish Prestigious Global Prize Rivaling the Nobel
Saudi Crown Prince to Engage Wall Street in Push for Investment and Economic Expansion
Iran Accuses Saudi Arabia and UAE After Downing of Chinese-Made Drone
Saudi Arabia Condemns Attack on Hospital in Sudan, Calls for Protection of Civilians
Coordinated Drone Strike Targets CIA Facility Within US Embassy in Saudi Arabia
Italy’s Meloni Prioritises Energy Security and Strait of Hormuz Stability During Gulf Tour
Uncertainty Emerges Over Timeline and Direction of Saudi Arabia’s Ambitious Ski Resort Project
UAE and Saudi Arabia Escalate Strategy with Drone Operations Targeting Iran
Trump Delivers Characteristic Remarks on Saudi Crown Prince Amid Intensifying Iran Conflict
Drone Strike on US Embassy in Riyadh Caused Greater Damage Than First Reported
Saudi Arabia Introduces Flexible Solutions for Expired Visas Amid Regional Disruptions
Saudi Arabia’s Online Car Market Accelerates with AI Pricing and Fully Digital Buying Experience
Saudi Arabia Reassesses Defence Strategy as Iranian Drone Threat Drives Shift in Military Partnerships
Drone Strikes Target Saudi Arabia, Kuwait and Bahrain as Regional Conflict Intensifies
Japan and Saudi Arabia Align Efforts to Ease Rising Tensions with Iran
Saudi Crown Prince and Italy’s Meloni Strengthen Strategic Ties in High-Level Talks
SpaceX Explores Potential Five Billion Dollar Investment from Saudi Sovereign Wealth Fund Ahead of IPO
Saudi Arabia Lifts Key Import Barriers to Expand Access for U.S. Beef Exports
Saudi Arabia Enforces Strict Travel Penalties for Visits to Restricted Countries
Italy’s Meloni Embarks on Strategic Gulf Tour to Address Energy Security and Regional Stability
Saudi Film Festival Rescheduled to Summer as Regional Tensions Continue
Saudi Arabia Reports Forty Two Point Six Billion Dollars in Foreign Tourist Spending in 2025
Saudi Crown Prince and Russian President Hold Strategic Call on Escalating Regional Crisis
Saudi Arabia Advances Rail Network as Strategic Alternative to Strait of Hormuz Shipping Route
Ruanyun Edai Launches Saudi Arabia Hub With Forecast of Ten Percent Revenue Growth
Greek Defence Minister Visits Troops in Saudi Arabia Following Successful Missile Interception
Saudi Arabia Expands Global Strategy With Focus on African Critical Minerals
SpaceX Explores Potential Five Billion Dollar Investment From Saudi Fund Ahead of Possible IPO
US Central Command Dismisses Iranian Claim of Mass Casualties Among American Personnel in Saudi Arabia
Co-Diagnostics to Establish Molecular Diagnostics Facility in Saudi Arabia Through Joint Venture
×