Bitcoin mining ban in China a ‘game changer’ for electric vehicle adoption
Guizhou province is the first in China to announce an ambitious electric vehicle campaign, taking advantage of the power capacity freed up by Beijing’s Bitcoin mining ban. Following Beijing’s crackdown on energy-sapping Bitcoin (BTC) mining, Guizhou province has become the country’s first to make use of its freed-up power capacity to advance a climate-conscious agenda. The hydroelectric-rich southern province has recently announced a plan to build at least 4,500 electric vehicle (EV) charging stations in 2021. This will ramp up to 5,000 in 2022 and 5,500 the following year.As the South....
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After the given deadline, the Yingjiang County reportedly plans to “forcibly dismantle” power supply to Bitcoin mining establishments within its jurisdiction. Regulators from Yingjiang County in Yunnan, China have issued strict warnings to hydroelectric plants against supplying power to enterprises involved in Bitcoin (BTC) mining. A recent report claimed that the Office of the People's Government of Yingjiang County issued notice to hydropower plants to strengthen oversight on Bitcoin mining operations. According to the announcement, the power plants have been given till Aug. 24 to delist....
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.....
In 2010 the first Bitcoin purchase was made for two pizzas from Papa Johns. By 2011, it was possible to purchase Alpaca socks, and in 2012 VPN access. Today, I preordered a Tesla Model 3 for 2.413612 BTC. When I first read about Tesla Motors, it was in regards to the release of the Tesla Roadster in 2007 on Slate. I remember reading the statistics of the vehicle thinking, how is it possible for an electric vehicle to possibly have a 0–60 time that rivals that of the latest model Ferrari. The reality of such acceleration for an electric vehicle seemed illogical at the time. I was left....
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....
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....