Post
Topic
Board Bitcoin Discussion
Re: Space mining-myth or reality?
by
Pursuer
on 07/12/2018, 10:21:51 UTC
What conditions are needed for profitable production?
And, do you know what place is best for all these items? Space!
1. Cheap electricity (preferably free). according to rough estimates, mining leaves of 1100 MW or 9636 GW⋅h (0,829, MTA) per year.
2. In space, low temperatures, which greatly facilitates the cooling of the system.
3. There is a lot of space and there are no taxes and rules yet.
And test this idea is not so difficult. It is enough to take a small mining farm to the ISS and see what happens. And in the distant future, perhaps, they will build entire orbital cities for mining.
How about that?
Do you think it can be implemented in the near future?



mining in space can indeed support because of low temperatures, but what about electricity?
That is still a problem because outside space there is no kind of electricity generation yet, for regulation, I don't think it needs to be considered because outer space is a free zone of exploration
electricity in space can be produced from solar radiation. the international space station is currently using Solar energy. Like Earth, the station is about 149 million kilometers away from the nearest star. At this distance, it is possible to extract more than a kilowatt of energy from each square meter. Energy at the station is collected by solar panels, which use the photoelectric effect to produce electricity directly.

your mistake is focusing on one variable while ignoring all the rests including the costs of setting up such a farm. at this point it costs millions of dollars to send a team of astronauts into outer space and set something like a space station up. not to mention that a mining operation requires maintenance so it will cost more for upkeep. on top of all that you also have the communication delays where you have to receive transactions, mine a block then broadcast it back. and remember mining bitcoin is a competitive operation where someone else can find the same block sooner than you.