PEnns Because we don't have enough garbage satellites polluting the already crowded orbits. What happens to Jen's And Star Cloud (amazing names…) satellites when the next Crypto crash arrives as usual? Let's hope those newbies don't start the Kepler Effect. Reply
TheyStoppedit I think people need to stop asking can we? and start asking: should we? Reply
ezst036 How much more bitcoin is left to mine anyways? If its unlimited then its only a matter of time before the currency supply overcomes the currency demand and then its bitzimbabwecoin. Reply
Tanakoi PEnns said: Because we don't have enough garbage satellites polluting the already crowded orbits. Orbits are "crowded" like Antarctica is overpopulated with people. I don't believe people understand exactly how much volume there is in space. As for the "Kepler Effect" crowd that keeps popping up, I won't debunk that silliness again — I'll just note this satellite isn't going into LEO, but a sun-sychronous orbit. Reply
beyondlogic funny thing about space plenty of it and last i checked bit coin doesn't have physical mass those lovely satellites though will fall out of orbit or screw up that's a hell of a repair job for some theoretical bit coin Reply
Tanakoi beyondlogic said: funny thing about space plenty of it and last i checked bit coin doesn't have physical mass those lovely satellites though will fall out of orbit or screw up that's a hell of a repair job for some theoretical bit coin Voyager II is still 30% functional after 50 years. Even if these satellites only average a lifespan of 6-7 years, I think they'll pay for themselves in energy cost savings alone. Reply
Fomdoo Crypto currency hasn't done a thing to make itself legitimate currency. But I'm sure this will completely work out. Reply
Eximo Tanakoi said: Voyager II is still 30% functional after 50 years. Even if these satellites only average a lifespan of 6-7 years, I think they'll pay for themselves in energy cost savings alone. Voyagers are powered by RTG and intended to be chucked into deep space. Would really need to know the build cost, launch cost, and hash rate to even guess at an ROI, and then compare it to just putting solar panels and a battery on a ground based solution. Clearly they think so, but BTC could go up or down while that thing is in orbit…But they could also just be doing this for publicity and getting investors. Reply
beyondlogic Tanakoi said: Voyager II is still 30% functional after 50 years. Even if these satellites only average a lifespan of 6-7 years, I think they'll pay for themselves in energy cost savings alone. yep good piece of tech back when they knew how to build stuff. whats going up now probly will last not even 6-7 years Reply
Key considerations
- Investor positioning can change fast
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Reference reading
- https://www.tomshardware.com/tech-industry/cryptomining/SPONSORED_LINK_URL
- https://www.tomshardware.com/tech-industry/cryptomining/well-be-the-first-to-mine-bitcoin-in-space-says-nvidia-backed-startup-starcloud-will-fire-up-its-asics-after-its-second-spacecraft-reaches-orbit-later-this-year#main
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