Topic: Bitcoins in space! - page 7. (Read 36220 times)

Yep.  The general idea is that you group your own cubesat together with dozens of others, on the same flight, sharing costs.  SpaceX helps push those costs down even lower.

new and "cheap" rockets for sattelites (from the teslar founder)

http://www.spacex.com/falcon9

If there is no one to compete with the satellites, the difficulty would get adjusted to fit their processing power after a few space-born blocks.

That is a really fun idea, but it would require a lot of power in a low-power situation.

Let's hope the price of plutonium power sources comes down.  Otherwise, solar power is most likely.

Multiple ground stations are pretty much a given.  It is likely we will interact with a larger number of third party ground stations, rather than only run a few ground stations 100% ourselves.

A ground station can be pretty cheap.  A ground station can be as simple as a small satellite dish on top of a building, plus a controlling computer.

Frequency selection will be one of the biggest decisions.  That will trickle down to the ground stations (transmitters), users (receivers), governmental approvals, and other areas.

If the ground station were to go down then a blockchain split could occur. Multiple ground stations and an open design for same would be beneficial.

Here's a crazy proposal: What if the sats were programmed to start mining if they don't see new blocks for too long; making it so that even if no one on the surface of Earth is mining, the network will continue on time?

As much as possible will be open source and open hardware.

However, sometimes you have to choose between space-ready hardware for $, or developing your own open hardware for $$$$ + time.

Is the satellite designed on open hardware? Will the design and other specifics of that sort be public?

thats really crazy but bitcoin is crazy too 

This thread, for the moment.  A website should be up soon.

Very interesting. Can i follow this project somewhere? Or just follow this thread?

Cool! I propose to hire Chuck Norris to put the satellite into orbit... 

During one of the meetings on this project, I learned that the ISS' Japanese module has a cubesat launcher...

Good project Jeff.

Very pleased to announce a generous 25 BTC donation from BitcoinGrant.org, worth $27,000 as of this writing.

Updates will be posted to this thread (and eventually a website), once the aerospace engineers are fully contracted and engaged.

The meetings so far with engineers have been quite positive.  If the project proceeds as a non-profit, it is possible that amateur radio frequencies may be used for transmission, as another poster mentions upthread.

Lining up a few aerospace engineers for Phase 1.

There is now a donation address set up for this project, and am currently hoping to raise $10-20k for Phase 1.

       1M9MyyPsAak7zRjW4D96pTxDaAEpDDZLR7

Or contact me privately if you want a one-time-use donation address, or if you want to be identified on the list of donors as someone other than "anonymous donor".  Wallet funds for this project are stored and securely separately from my personal funds, for the record.  This is a donation, not an investment.

Rough cost estimates of a single cubesat:

• 1x Cubesat hardware and construction: $60-100k
• Launch: $1m
• Miscellaneous: $900k (ground station uses, licensing, insurance, other details)

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Bitcoins space project donation address is

     1M9MyyPsAak7zRjW4D96pTxDaAEpDDZLR7

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I registered bitcoinsinspace.com back in 2012, envisioning something like this, and I would be happy to put it to use with this project.


If there is anything else I can do to help, please let me know.

Have you heard of PayPal Galactic? https://www.paypal-galactic.com/

PayPal is working on interplanetary payments.

Of course, Bitcoin is essentially ready for the universe, as long as there's internet.

Maybe put a bitcoin atm on the moon