Topic: Bitcoin Mining in Space - page 2. (Read 473 times)

Ha, I think this is the most practical response in this thread

This is more a stunt than a symbol.

I thought about quoting your post, but what's the point? 0 value, nothing to discuss, zero data, personal claims of being smart, rich and beautiful and playing the victim.
So my dear Watson, (I'll use it again, maybe this time you're going to dissect it the right way) when you have something of value to add to this topic do it, if not, do the world a favor and don't.

Lol! The famous Watson was British, not American! If you want to insult, at least do a Google search beforehand!


Personal attack #1.


Common sense not found!


No I get your "point." Which is you want to win a fight from behind your keyboard. Plus, personal attack #2, and also again common sense not found!


Lol! You wish, tough keyboard warrior!!


I see that you are angrily reading my posts to try and find something to use against me! It's not just a claim. I am a Professional Miner, as in I own a mining farm, and have a hefty amount of money in my bank accounts because of that.


Please do a research on balloons and the amount of weight they can carry.


Most of the inventors of the past were called crazy by other people too...


So you admit that I won, huh?!! Now where is my trophy?!

OK I'll end it right here. But you also should learn to stop personally attack people who offer a different opinion than yours if you want to be taken seriously, and research before you start typing.

Also have common sense and improve your English spelling!

My dear Watson, how about rather than trying to deduct stuff you start reading things twice, because your current stance and way of "discussing" makes you look not so......

If you're unable to think and motivate yourself to try and comprehend things, then my dear american, you're a lost cause.
A value of 100 000 feet, just like 30 000 meters is, just like 50 Km or 30 Miles just a round number. It makes no sense to have stuff floating at exactly 100 000 feet in the air, an American is going to think of 30 miles an European about 40 km, but mother nature doesn't give a damn about useless round numbers.
That was my point, if that's beyond you're comprehension skills there's nothing I can do to help you.

Since you don't want to comment the others parts of my post, from obviously reasons such as admitting I'm right, let's go back to your portable solar panels.

Since you claim to be a "Professional miner" I'm pretty sure you can easily do the math on how many of those solar panels would be required to power an S9, and then calculate how much they are going to weight, add the batteries needed, the controls for it, and then tell me how big this balloon is going to be ...at which point you're going to ask yourself for how long those things stay up in the sky and you're going to throw the papers in the trash  

Honestly, stop.
Nobody is crazy enough to strap solar panels to a balloon and let it fly 80 days around the world...
Or at least I hope so

Lol! Do you even know what common sense is, Mr Proud Non-American?! And why do you imply that Americans are not human? Did they hurt you in your past?!

BTW, you don't have to take everything you read on the Internet literally. No offence, but it makes you sound not so intelligent.

And I am being serious. Seriously, look them up. Portable solar power generators are available in all sorts of capacities and can be used in there if protected properly.

The other parts of your post is not worth answering because whatever I say includes common sense and you don't want to include that in your comprehension skills so you can "win" a fight over the Internet.

100 000 feet is indeed close to Earth, everything is the stratosphere can be deemed close to Earth when we talk about space.

Second, you took the temperature from 100 000, but that is just a "record" that doesn't have anything practical in it. If you were to hook your miner on a balloon you would go to the limit at which typical weather balloons fly and that is over 120 000-130 000 feet up, at that level it's not that cold anymore.
It makes no sense to stay at exactly 100 000 feet which is just an arbitrary point by human american standards, as half of the worlds doesn't have a clue how long a foot is.
Above 40 km   up the average temperature is indeed -20 C.

Now, you would have to re read what I wrote before using caps:


I said in space, close to Earth, and no, a miner will not freeze in space!

I'm not even going to comment on the portable solar generators....common, be serious!!!!

The value of this "act of mining" in the stratosphere is just symbolical, but yeah - all out life consists of symbols and that's a really challenging way of advertising their project.
What I mostly liked in the article you provided is the following: "We even hear word that NASA is researching the possibility of using blockchain technology for communication and navigation in space".
Just imagine how NASA is interested in super-safe blockchain technology. That really could be a prospective product which personally I even would like to invest in.

Really? Haven't you heard of portable solar power generators? Here, let me show you the Google search results for that:

https://www.google.com/search?q=portable+solar+power+generator

And 100,000 feet above the surface level is not by any means "close to Earth" AT ALL!

And there is a REAL risk of equipment freezing at that altitude, because temperature is around -50° Fahrenheit or less (-46° Celsius) up there, not "-20-10 C."

Unprotected electronic devices in general (and mining rigs in particular) are not designed to operate at those temperatures.

Hook it on what? 
Temperature in space close to Earth is around 10 Celsius, there is no risk of freezing and without air there is actually no air convection and heat is lost through radiation....it gets complicated.
But that balloon was flying in the stratosphere and at those levels the average is -20-10 C.


At maximum a month. Depends on the size, the cargo...


By the time we would be able to launch "something" that can power up 60 ThW of miners the reward will be 1 satoshi .


Just the launch of a Falcon X is around 6000 BTC. Of course it's not viable.

Using solar power to mine bitcoins on space with some avialable for now asic devices interesting idea, but can it ROI space shuttle ?

Good publicity initiative I must say. I won’t mind it being a publicity stunt as long as it’s helping BTC to reach more people. It’s nothing special for mining though.

This does not sound very practical to me, may be possible in future though. With the current conditions, it looks more like a publicity stunt to me only.

as you said Miner One has launched its mining rig called Space Miner. yeah it is cool and it might be recorded in bitcoin history becasue it will heppen in space. but i think we should focuse on ground more. because no matter what people say, still in our earth most of the people are not aware of the blessing of cryptos. we should let people know about it more first by providing knowledge.

 All that today seems to us useless and unreal tomorrow will be quite common. I think and mining in space is quite a real activity in the near future.

Good article for all the bitcoin followers and at the same time good news for the bitcoin miners. There will be another place or way for them to dig and dig bitcoin. This article really helps a lot for them.

I'm not sure if this will be considered significant. It's kind of like a clickbait video where you get all excited because of how cool it could be, but then it turns out it was massively exaggerated. It's symbolic for their company, sure, but not the cryptocurrency scene as a whole. The launch achieved nothing, was impractical, and wasn't even a proof of concept for anything -- it's just a plain publicity stunt.

stompix made a really great job dissecting it too lol. I might have been more amused if I hadn't read his post first.

This can never be sustainable to mine bitcoins, because the electricity usage for that would simply be too high. They might be

 able to mine some Shitcoin with it though.   ... Can these balloons stay up there indefinitely or do they

return back to earth? I know there are projects like this to provide internet to remote regions. Project Loon. 

the fact that the article is not only about the execution of the transaction, but also about the extraction of bitcoin. here lies the ambiguity of the statement in the article with such complexity of production in the current network.

Great point ,yeah it wont consider as space mining when its not really in space..

But i like the articles,its first of a kind that people looking ahead this future and thinking for using outer space to sustain this blockchain technology..

Waiting for the update about whats the progress of this one

I think it is a great article and has a good scope in future, maybe huge tech industries can try it sometimes. space is quite unexplored but is a perfect place for experiments like these. I really love the idea of mining in space where we can use a lot of resources and unlimited power for other stars which is never possible from earth.