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Author Topic: Falcon 9 exploded is there those 24 bitcoin satellites on board?  (Read 452 times)
Hannu
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September 03, 2016, 07:14:34 AM
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Falcon 9 exploded is there those 24 bitcoin satellites on board, hope not?  Embarrassed
Facebook lost they satellite on launch training

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avikz
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September 03, 2016, 11:53:24 AM
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what  is 24 bitcoin satellite? I never heard of it. Can you please provide more details on it?

Facebook lost its satellite and that is a sad thing for the expansion of internet technology. But bitcoin satellite seems a bit absurd. Can you please tell us more about it? Was any company related to bitcoin tried to launch it?

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September 03, 2016, 12:38:29 PM
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zuckerberg is angry about it because it will delay his projects because of that incident money is not a problem with him but time .
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September 03, 2016, 01:13:46 PM
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elon musk is happy. he has got his money back x3 thanks to reusing the rocket and also the insurance
zuckerburg is happy. he has got his money back x2 thanks to "charity status" of the donations and also the insurance

good old capitalism
why build a vehicle to just sell.
when you can rent it and insure it. get your returns and then blow it up to double your money

but dont worry elon has a backup rocket (courtesy car) to avoid any disruption

lesson one.. dont turn the engine on when filling the gas tank... unless your looking to claim on the insurance for a free upgrade

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September 03, 2016, 02:10:50 PM
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what  is 24 bitcoin satellite? I never heard of it. Can you please provide more details on it?

Facebook lost its satellite and that is a sad thing for the expansion of internet technology. But bitcoin satellite seems a bit absurd. Can you please tell us more about it? Was any company related to bitcoin tried to launch it?

He probably means the microsatellites (cubesats) promoted by Jeff Garzik as launching after the first quarter of this year. I don't think they launched any yet, and the Falcon 9 that exploded only had an Israeli built satellite designed for Facebook on board. I didn't hear anything about its payload including Bitcoin satellites.

http://www.coindesk.com/bitcoin-nanosatellites-orbit-earth-2016/

Quote
An ambitious plan to launch bitcoin-enabled microsatellites has taken a step forward with a new business deal.

Dunvegan Space Systems, a startup led by bitcoin core developer Jeff Garzik has signed a manufacturing contract with Deep Space Industries (DSI) that will find it constructing 24 nanosatellites for its proposed BitSat program.

The BitSat cluster will act as space-bound bitcoin nodes and is the first of a planned series of nanosatellites. Additional BitSats will be available for purchase at $1m apiece, according to the company.


There's not much information available about the satellites from the company that's behind them yet. There's just a preliminary design review on its website and some basic information. I don't think they have constructed any yet.

http://dunveganspace.com/bitsat.html

http://dunveganspace.com/assets/bitsat-infosheet.pdf

http://dunveganspace.com/assets/bitsat-design-pdr.pdf
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September 03, 2016, 02:25:39 PM
 #6

They haven't launched any bitcoin nodes at space now. As far as I know there was a plan to launch nodes in space, or something like that. I mean what else are you going to launch at space that has to do with Bitcoin that isn't a node?

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September 03, 2016, 04:24:57 PM
 #7

Gone through this http://www.coindesk.com/bitcoin-nanosatellites-orbit-earth-2016/
And find this quite intresting, never read it before. However seems it will take few more year for those onboard bitcoin nodes to work without ground support and can support whole bitcoin networks, cost of 1 nanosatellite $1 million? which is quite big lol



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Lionidas
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September 04, 2016, 02:57:02 AM
 #8

Did not even realize that this had happened and am pretty upset now.
Thanks for the heads up news on this and I hope they do launch the new sats soon so our bitcoins can travel at the speed of light now. Smiley

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