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Author Topic: [2016-09-19] Bitcoin and Space: Genesis Mining Sends Bitcoin to Space  (Read 293 times)
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September 19, 2016, 02:21:08 AM
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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 paper wallet to space on a weather balloon. Genesis Mining has recorded the journey using a GoPro camera placed inside a Styrofoam box. The camera was focused on the Bitcoin 3D model with paper wallet address written on the other side.

The meteorological weather balloon with Bitcoin payload was launched from an unknown place in the United Kingdom. Once the weather balloon attained an altitude of 20 kilometers (Armstrong Limit), the ground team from Genesis Mining reportedly made the first transaction to the paper wallet from their mobile device. After almost 16 hours, the team sent another transaction to the paper wallet now at a maximum altitude of 34 kilometers. (view transactions on blockchain)

Marco Streng, in an interview with a tech magazine Hacked explained that the transaction to space symbolizes the phrase “to the moon!” once used in reference to the rising Bitcoin price. He was also quoted by the magazine saying,

    “As cryptocurrencies grow in popularity it’s important to remember that they are the most secure form of currency out there, and by demonstrating how this transaction can be seen on the blockchain, we make it clear that no matter how far bitcoin goes, it’s always secure.”

http://www.newsbtc.com/2016/09/18/bitcoin-space-genesis-mining-virgin/

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September 19, 2016, 10:53:34 AM
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I do not mind the fact that they want a mass adoption of bitcoins.

But they should not send junk to outer space, there is no one to pick up trash over there.
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