Bitcoin Mining Piques The Interest Of The US’ 2nd-Biggest Electric Company

Daymak, a Canada-based electric vehicle company, has announced the Daymak Spiritus, an electric car that will be able to mine cryptocurrencies. According to the specs, it will also feature solar charging to lessen the load on the battery while driving. The company, which has only offered the car for 60 days, claims to have managed to get more than 350 million dollars in pre-orders. Daymak to Launch Crypto Mining Electric Car Daymak, a Toronto-based electric car company, has announced the launch of its new product, the Daymak Spiritus, a car that will feature cryptocurrency mining.....

According to Chinese publisher Xin’an Evening, Chinese police took down an illegal bitcoin mining farm in Bengbu, Anhui Province. The mining farm was using electric power from a local electric power company’s energy source to fund their operations and acquire bitcoin, as a total of 50 ASIC miners were seized. In China, power is seen as a state-owned property. A family was running the illegal bitcoin farm and, according to the Xin’an Evening, made enough money to finance up to 8 years of future expenses they could’ve had. The family was arrested after inspectors found out they were the....

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....

Zcash developer Electric Coin Company will transition to a new non-profit, with a majority of shareholders electing to donate their equity.

GAW Miners, the often embroiled cloud mining and hardware production company, is presently facing a lawsuit in the Southern District of Mississippi, Eastern Division, in the amount of $346,647.29 "plus all pre- and post-judgment interest, costs, and attorneys' fees." The lawsuit centers around GAW's unpaid electric bills to Mississippi Power Company for their mining facility run in Purvis, MS. The power company alleges that in order to service GAW, they had to incur a number of unusual costs, such as new transformers and associated equipment. They further claim that GAW is in debt in....