Bitcoin Mining In Space

Building blocks for the Second Renaissance continue to be laid.

Americans realized the potential for rapid growth in industry and innovation lies behind an energy wall. This flood of electrons that is waiting to be washed across the planet has been halted by years of complacency when it comes to grid infrastructure expansion and development. This all seems bad but, hold on. There are many reasons to celebrate.

Bitcoin mining is a way to relieve the strain on outdated and intermittent grids. Since years I have shared this. Bitcoin mining It is not. key to our future This is a good example of a industry will be providing Such a significant support is provided to our country’s military, that it will (is). national defense asset. 

In the Bitcoin mining industry and the data center sector, a large amount of energy is used to control heat dissipation. Water making contact with electrical equipment tends to drain blood from faces — and for good reason. If there’s not enough moisture in the air, you can get static discharge. Was I not aware that dust tends to build up quickly in these situations? When dust collects and is then ignited by an electrical spark or static shock (like in a short circuit), it will explode.

A proper humidity level in the atmosphere allows heat from the electrical equipment to spread throughout the surrounding air. You don’t want to run hot all damn day — and neither do computers. 

What about putting Bitcoin miners into an atmosphere that has much less, well… atmosphere?

Our sun heats our atmosphere. Our location around the sun determines our seasons. The transfer of heat between these variables determines our weather. The ebb and flow of maintenance and operation is similar to that experienced by professional athletes during their strength training. This is a large number of variables that must be managed in two of the world’s most competitive markets. 

What are you waiting for? Where no one has ever gone before? Why not seek out greener pastures. Hell, even the American West developed because men were brave enough to go into the wilderness to search for sites that contained dense reservoirs and veins containing stored energy. If you haven’t already heard, space is the new frontier. From your fingertips to the moon — that is the first leg of the future of exploration. The new technology presents many exciting challenges.

Power is one of the most important challenges to solve. Bitcoin mining is changing the way power plants are developed and deployed on Earth. So why not do it in space too? The dog won’t hunt if a power station cannot earn money from the electrons that it supplies.

Bitcoin mining allows all power plants to earn immediate revenues that are not affected by power cycles. These miners only want reliable electricity. Maintenance and environmental management should be made as easy as possible. 

Intercosmic Energy Low Earth Orbit may offer a great opportunity to mine Bitcoins. There is no need to worry about weather in such a low atmosphere. This reduces the management needs. As the altitude increases, so does the number of daylight hours. The vacuum of space allows for an oversupply of cooling capacity — which makes maintaining heat the primary thermal concern. When trying to control the environment, focusing on just one variable will make the task much easier. Maintaining an interior environment also makes it easier to maintain the equipment. In a controlled atmosphere, the equipment’s life expectancy can be extended to limits much farther ahead than on Earth. 

Orbital Bitcoin mining will create a demand for space-based power. It will be necessary to develop these resources and capabilities. Those who have the courage and madness to take up this challenge will do so. They will be the ones to pave the path for the development of manufacturing and shipping infrastructure on the Moon. The moon will be a major port that can serve the whole planet and even our solar system. This becomes possible when we use our sources of energy, which are waiting to be used. 

Nick MoranThe CEO of Intercosmic Energy is responding to the call of the future. He is acutely aware of challenges and risk. Also, he knows that this is not a goal he can achieve alone. Intercosmic Energy hopes to build a Bitcoin-mining team with the same passion as Moran.

It was a pleasure to hear him share his priorities. I decided to reach out to the Bitcoin Community to find out if they could help. Moran has given the highest priority to an orbital mechanics or aerospace expert and a veteran software developer. “one who’s a wizard with Bitcoin mining tech… someone who knows ASIC’s like the back of their hand,” A thermal management expert with fluid dynamics experience (such expertise in space would be obvious). 

This is a project that is not at all impossible. All it takes is bringing like-minded persons together and working toward the same end. Moran continued to explain in the course of our conversation:

NASA and other space agencies only began researching energy transfer methods for Space-based Solar Power in 1974. They have never built even a prototype. 

The taxpayers have spent BILLIONS of dollars on this subject. “My novel data-transfer method is 100% safe and effective, compared to NASA’s energy transfer method that was not only unsafe but also only 11 percent effective.”

Bitcoin miners eliminate energy waste, and they explore new fonts. Now, the Earth’s surface is being harvested of its lowest-hanging berries (coal and natural gas), as well solar, wind, hydrogen, and nuclear energy. The next big leap is now being built: the Bitcoin space race.

It is important to note that the word “you” means “the”. Second Renaissance The flywheel is gaining momentum. 

Mike Hobart is an Army Aviation veteran and a contributor to Bitcoin Magazine. The opinions expressed are not those of BTC Inc.