Bitcoin in space.

[Bitcoin Oz]

With the recent launch of the first commercial space rocket via space x http://www.spacex.com/ I wonder at what point there will be a bitcoin node operating in a satellite so that it would bypass any government control from earth ?

Would it need a whole satellite or could it piggyback on an existing one ?

[drrussellshane]

I dunno but I pledge 0.02 btc towards its creation.

 

[alatus]

I would even give a whole 1 BTC! 

[Garr255]

I'd pledge 20btc.

Are there any space junkies here? I think this would be an awesome idea and I'd love to be a part of it or even manage the project!

[Blazr]

Sort of related:

http://www.ubergizmo.com/2012/03/the-pirate-bay-is-headed-to-space/

TBH it wouldn't be that hard to put a small solar powered Bitcoin node into space using a weather balloon + small rocket ( http://en.wikipedia.org/wiki/Rockoon ).

It won't be able to get it into orbit, but it'll stay there for a while anyways, currently the cheapest method of getting something into orbit costs $11,000,000 per launch, http://en.wikipedia.org/wiki/Pegasus_%28rocket%29

Blazr spots a pretty cool weekend project

[Garr255]

I want an orbiting node!

[MaxSan]

Theres a german hackerspace trying to put up their own satelites that can be used to access the internet.

they sell "kits" to get your own one up and encourage others to do the same to make a robust network.

Im sure adding 5ghash of mining equipment into the thing would be trivial to do.

Peeer2SpacePool for the serious win.

[Bitcoin Oz]

I want an orbiting node!

So do I, so do I  

I saw awhile ago that the pirate bay was looking to do something similar with an orbiting server or unmanned drones. http://www.ubergizmo.com/2012/03/the-pirate-bay-is-headed-to-space/  

[Bitcoin Oz]

Theres a german hackerspace trying to put up their own satelites that can be used to access the internet.

they sell "kits" to get your own one up and encourage others to do the same to make a robust network.

Im sure adding 5ghash of mining equipment into the thing would be trivial to do.

Peeer2SpacePool for the serious win.

I wonder what the network latency would be 

[Garr255]

Theres a german hackerspace trying to put up their own satelites that can be used to access the internet.

they sell "kits" to get your own one up and encourage others to do the same to make a robust network.

Im sure adding 5ghash of mining equipment into the thing would be trivial to do.

Peeer2SpacePool for the serious win.

We could probably get 100gh if we wanted to. I'm sure some FPGA companies would be happy to donate!
We could use the FPGAs to raise funds before launch as well.

I'm going to get some numbers together and see how we can do this. If it is feasible, I will seriously consider putting together a GLBSE asset to raise funds for this awesome project!

[Garr255]

I wonder what the network latency would be 

Well damn, GPUmax it is then... xD

[MaxSan]

The latency wouldnt be so bad. its half the time than using a wireless HSDPA device (only one direction )

Id be up for giving some small amount of funding towards this. Do have a look for this german hacker group, i think between them and new tech coming out we could be on to a very novel winner idea.

[Bitcoin Oz]

Theres a german hackerspace trying to put up their own satelites that can be used to access the internet.

they sell "kits" to get your own one up and encourage others to do the same to make a robust network.

Im sure adding 5ghash of mining equipment into the thing would be trivial to do.

Peeer2SpacePool for the serious win.

We could probably get 100gh if we wanted to. I'm sure some FPGA companies would be happy to donate!
We could use the FPGAs to raise funds before launch as well.

I'm going to get some numbers together and see how we can do this. If it is feasible, I will seriously consider putting together a GLBSE asset to raise funds for this awesome project!

It would be seriously cool to do so and create a media storm  

[edd]

Interorbital Systems has a Personal Satellite Kit for sale that includes "a launch to orbit on our NEPTUNE 30 rocket for the combined price $8,000."

The downside is that it's meant to go into a self-decaying orbit and only stay up for a few weeks and burn up upon re-entry.

[Bitcoin Oz]

Interorbital Systems has a Personal Satellite Kit for sale that includes "a launch to orbit on our NEPTUNE 30 rocket for the combined price $8,000."

The downside is that it's meant to go into a self-decaying orbit and only stay up for a few weeks and burn up upon re-entry.

I like the hackers in space idea a bit more

The satellite would also need solar power especially if you wanted to actually mine btc 

[hazek]

Isn't it trivial to detect and shoot down something like that?

[Bitcoin Oz]

Isn't it trivial to detect and shoot down something like that?

Like they say in this article that would be an act of war and a sign of how desperate they are 

http://www.tweaktown.com/news/23064/the_pirate_bay_plans_to_launch_space_servers_to_prevent_being_raided/index.html

[MaxSan]

Isn't it trivial to detect and shoot down something like that?

Like they say in this article that would be an act of war and a sign of how desperate they are 

They would not be firing missiles to take it down. THAT would cause attention lol.

[Portnoy]

Isn't it trivial to detect and shoot down something like that?

Like they say in this article that would be an act of war and a sign of how desperate they are 

They would not be firing missiles to take it down. THAT would cause attention lol.

And the Kessler syndrome.

[BinaryMage]

I'd fully support this initiative, but I suspect a significant amount of capital would be necessary.