Bitcoin and Space: Genesis Mining Sends Bitcoin to Space
Genesis Mining, as a part of its promotional campaign has successfully made the first Bitcoin transaction to space. If not the price, there is something else that has already inched Bitcoin towards its ideal holiday location – the moon. Genesis Mining, a Bitcoin cloud mining provider, sent Bitcoin to space. As a part of its promotional campaign, the company conducted two successful Bitcoin transactions from the earth’s surface to somewhere 20 and 34 kilometres up in the sky, respectively. Genesis Mining’s “To the Moon!” campaign saw the company sending a 3D model of Bitcoin and a Bitcoin....
Related News
Bitcoin has come a long way since it was first introduced to the cyberpunk world by Satoshi Nakamoto in 2008, and now for the first time, space travel history has been made with the digital currency. Genesis Mining, a major bitcoin cloud mining company, recently conducted the first peer-to-peer financial transaction in space. Searching for a way to increase awareness of Bitcoin, while educating people about its benefits as the standard bearer for digital currencies, Genesis Mining decided that sending bitcoin into space was the perfect way to achieve this goal. Speaking to Bitcoin....
Genesis Mining has successfully settled the first peer-to-peer Bitcoin transaction in space with the help of a weather balloon. A few weeks ago, the team at Genesis Mining, the Bitcoin mining company which was founded in 2013, travelled to the United Kingdom to launch a 3D model of a Bitcoin embedded with a Bitcoin paper wallet into the stratosphere. In its first launch the space balloon reached the Armstrong Limit, or an altitude of 20 kilometers, successfully taking the physical Bitcoin into space to settle a Bitcoin transaction. In its second launch, the space balloon surpassed the 34....
Genesis Mining has successfully settled the first peer-to-peer Bitcoin transaction in space with the help of a weather balloon. A few weeks ago, the team at Genesis Mining, the Bitcoin mining company which was founded in 2013, travelled to the United Kingdom to launch a 3D model of a Bitcoin embedded with a Bitcoin paper wallet into the stratosphere. In its first launch the space balloon reached the Armstrong Limit, or an altitude of 20 kilometers, successfully taking the physical Bitcoin into space to settle a Bitcoin transaction. In its second launch, the space balloon surpassed the 34....
Genesis Mining has launched a new web interface that will enable digital currency miners to gain greater control of their bitcoin and altcoin mining operations. Initially built for internal use, Genesis Hive is currently being offered to large-scale miners at a rate that varies based on the number of mining units connected to the service each month. The new software is also expected to be made available to medium and small-sized firms at a later, to-be-determined date. CEO and co-founder Marco Streng indicated that the project aims to reduce the rising complexities associated with....
Genesis Mining, one of the largest bitcoin mining companies around, recently updated its web interface to give bitcoin miners better control over their digital currencies. The company is now offering Genesis Hive, which was previously intended for internal use, to large-scale bitcoin miners. The price at which this service is offered depends on the number of mining units connected to the service each month. This service is also expected to be made available to smaller scale bitcoin miners later on. Bitcoin Miners Operations. "While this has improved efficiency it has also lead to new....