Global Internet connection goes down and Bitcoin Network is not affected.

[o_e_l_e_o]

Undoubtedly using the Internet via satellite

I mean, obviously you can use the internet via satellite, but this is not what blockstream satellite is. They transmit the most up to date blocks to anyone on the planet for free. You don't need to a subscription to use their service.

but there are countries where in certain places there are opportunities for mining due to cheap electricity, but access to the Internet is difficult.

Again, this is a one way transmission only. You can only receive data from the satellite, not broadcast back to it (like you would with internet via satellite). Mining via the blockstream satellite without an internet connection would be impossible - even if you found a block first, you would have no way of transmitting your block to the rest of the network, and since the rest of the network couldn't see your block, it would continue on mining as if your block didn't exist.

[kryptqnick]

Yes, You have read it correctly. I am amazed myself, Recently I found out even if the Global Internet connection goes down, Bitcoin Network is not affected at all. Why and How? I just find out this website called Blockstream I am not promoting it whatsoever. They bring bitcoin into space they have this thing called Blockstream Satellite and running 24/7 for free around the world with different satellite every continent. I might be wrong on how I understood it I don't know how true is this but I am excited what is your views and opinions about this?



Source: https://blockstream.com/satellite/#satellite_network-coverage

How significant is the coverage decrease? Where does it occur and for how long? The answers to these questions are crucial to determining what's going on here. If, say, the coverage drops in a country where Bitcoin is barely used, no wonder it does not affect Bitcoin. If these are minor and temporary coverage issues, it is also unlikely to affect Bitcoin. In any case, I believe that Bitcoin depends on the Internet a lot nowadays. Bitcoin would not be that valuable if it was not convenient to exchange it. I am not saying it's impossible to exchange BTC without the Internet but the vast majority of users would not know how to do that and would not really be interested in doing that.