Know About Crypto Mining Preferences of Aldo Baiocchi EV Entrepreneur from Toronto

Toronto-based personal light electric vehicle (LEV) producer Daymak plans to launch a cryptocurrency-mining car that will allow owners to make money when parked, plugged in, or wireless charging.

The car, known as the Spiritus, is a three-wheeled all-electric vehicle able to seat two adults aimed at being a daily commuter “designed with the track in mind,” according to Daymak’s website. The base model Spiritus Deluxe has a top speed of over 85 mph, a 0-to-60 time of 6.9 seconds, and a range of 180 miles. The upgraded sport model Spiritus Ultimate has a top speed of over 130 mph, a 0-to-60 time of 1.8 seconds and a range of 300 miles.

“I think that in the future, we'll see replacing banks and transactions,” Aldo Baiocchi, president and founder of Daymak. “So it was just logical since the car comes with computers on board, and most cars, as you know, they depreciate.”

With suggested retail prices of $19,995 and $149,000 for the Deluxe and Ultimate, respectively, deliveries are set to begin in 2023. Buyers can also pre-order the Spiritus Deluxe for $18,495.

As for mining, the Spiritus mines crypto through Daymak Nebula, the world’s first comprehensive cryptocurrency suite for EVs. Currently exclusive to Spiritus orders, the car’s dashboard will allow owners to manage, send, and receive crypto on the go. While parked, plugged in, or wireless charging, the Nebula Miner can mine Bitcoin (BTC-USD), Ethereum (ETH-USD), Doge (DOGE-USD), and more.

The crypto capabilities of the Spiritus could offset its own monthly lease price, Baiocchi said, or owners could simply choose to put the money towards satisfying their daily coffee fix.

“You're using a car one hour a day, more or less. So our car, 23 hours a day, you'll be making money — could be between $5 to $12 depending obviously on crypto prices,” Baiocchi added.

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