Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Mining in Space
by
stompix
on 06/05/2018, 12:16:51 UTC
https://www.ccn.com/bitcoin-mining-in-space-an-interview-with-miner-ones-ceo/
I was first doubtful if I will post this kind of topic since it seems useless to mine bitcoin into space, but after reading the whole article I thought that I will also share this historical even that took place 100,000 feet above the surface of the earth.

The company called Miner One has launched its mining rig called Space Miner One using a  hydrogen filled latex balloon. According to the CEO of Miner One "the goal of Space Miner One is to symbolically express our belief that bitcoin and cryptocurrency in general is about the future and the revolutionary technology at its heart: so-called blockchain technology. And with this new technology, the sky’s the limit.” And if you believe it or not it actually confirmed transactions at space, how cool isnt it.

I guess this even will be recorded in bitcoin history as the first mining rig to mine bitcoins at space.

Well, that's not mining in space.
"Space" begins after the Kármán line which is at around 330 000 feet or 100km. The ISS is at around 400 Km

That balloon stayed in the stratosphere, from that to outer space is an enormous difference.
And yeah, he's right. The sky is indeed the LIMIT for weather balloons.

What is worse is that it smells like a publicity stunt for a shady project:

Quote
The next step of the project is building the mining facility. Mr. Slušnys informed us that they are eager to start mining, particularly with the rebounding prices of Bitcoin and Ether, stating that this will help pay for more of the cutting-edge equipment the project needs to grow. The project has committed to begin payouts to investors by the end of the summer

Yeah, another ICO..... Angry