“We think mining will, of course, eventually reach outer space”, said Miner One’s CEO, after launching a mining rig into the stratosphere. Last Monday, Miner One, an emerging, cryptocurrency mining company, launched the Space Miner One into the stratosphere, where it mined and confirmed transactions for the first time at the record-braking height of 100,000 feet from the planet´s surface. Connected to internet via satellite phone and attached to a weather balloon the Space Miner One rig floated through the lower atmosphere, fitted with a Raspberry Pi 3, an ASIC mining chip, a non-lithium battery, a GoPro Hero 5 and a metal souvenir coin.

According to Pranas Slušnys Miner One CEO,

“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.”

The Mining One project, is currently raising capital in order to establish a mining facility in northern Sweden, where climate and energetic conditions are ideal to generate better guarantees to the investors, aided by new equipment and highly competent personal.

In an interview Slušnys assured that this symbolic launch represented a possible future, that he firmly believes in.

“We think mining and the technology it is based on will, of course, eventually reach outer space. In a sense, it already has to the extent that communications channels carrying information around the bitcoin network use satellites. We even hear word that NASA is researching the possibility of using blockchain technology for communication and navigation in space.”

 

by Samuel Larreal

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