‘Pointless but incredible'— New electric car mines crypto while it's parked
Canadian light electric vehicle manufacturer Daymak has announced an electric car that can mine Bitcoin and other cryptocurrencies while parked. Canadian light electric vehicle manufacturer Daymak has announced an upcoming electric car that can mine Bitcoin, Ethereum, and Doge — when it’s charging or parked.According to the firm’s June 1 announcement, The “Spiritus” electric car is set to roll out in 2023 and will come fitted with “an industry-leading GPU in mining price-to-profit.” However, details are sparse on what the specific capabilities of the mining hardware are.“Daymak Spiritus....
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Technology is both a godsend a curse at the same time. On the one hand, technology allows us to accomplish many great things which previously either laborious or simply impossible. But, on the other hand, technology is also impacting our social and daily lives in ways we never expected. That isn’t stopping Norwegian startup Meshcrafts from trying something truly unique, fun, and decentralized. One of the more interesting technological developments in recent years is the electric vehicle. Whether it is electric bikes, electric unicycles or even electric cars, there is a certain appeal to....
Tim Bond, a portfolio manager at Odey Asset Management, has warned that bitcoin is pointless, calling the cryptocurrency “a particularly vile asset class.” He claims that bitcoin has no real social utility other than as a tool for speculation and a means to launder the proceeds of crime. Fund Manager Sees Bitcoin as a Vile Asset Class Tim Bond, a partner and portfolio manager at Odey Asset Management, warned about bitcoin in a recent interview with Marketwatch. Established in 1991 by billionaire Crispin Odey, the firm currently has over $3 billion in funds under management.....
Toronto-based Daymak Inc has announced details of a prototype electric vehicle named Spiritus. It will use the “patent-pending Nebula platform,” described as the world’s first comprehensive crypto suite for electric cars. “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 […]
A Taiwanese hardware company has warned its clients about a targeted crypto mining attack against their storage devices. The malware infects NAS devices connected to the internet by installing a crypto-miner named Dovecat. Threat Actors Install Malware That Illicitly Mines Bitcoin According to the advisory revealed by Bleeping Computer, the malware mines bitcoin (BTC) on NAS devices without alerting its operators. The company elaborates on the findings: QNAP NAS can become infected when they are connected to the Internet with weak user passwords. The malware campaign launched by unknown....
An investigation by Spanish authorities into the illegal distribution of paid television content has resulted in the seizure and destruction of six bitcoin mines used to launder proceeds from the alleged scheme. European law enforcement agency Europol, which took part in the investigation, said today that 30 individuals had been arrested during an operation on 18th May. Thirty-eight homes across seven Spanish cities, including Madrid, were searched during the event, according to the agency. According to Reuters, those operating the bitcoin mines based in Spain were stealing power to fuel....